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Elsewhere, you get austerity programs, which offer another set of natural experiments.
If we get austerity again next year, we have to cut another three or four million dollars and that's going to cut deep into the children's programs.
The economy needs a massive fiscal jolt, and instead is likely to get austerity.
In February, we get austerity for the middle class and the poor.
The problem for the pundits is that if you begin with the assumption we are in a "time a scarcity" you get austerity and stagnation.
That is likely to change with the same holding true in Britain as it does elsewhere: whether you vote for the Conservatives or Labour you get austerity.
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Greece gets austerity imposed upon it by Brussels and Berlin, and Athens goes up in flames.
So instead of stimulus, Greece has gotten austerity — and a lot of it.
Ministers seem to be competing in a "Britain's got austerity" contest with the Chancellor in the role of Simon Cowell.
"The recognition is coming that austerity won't work,"' said Mr. Fritz-Vannahme, "but how to get beyond austerity politics is completely unclear.
"This does not protect against a political meltdown in Greece this week if the government can't manage to get its austerity plan endorsed by Parliament," he added.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com