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As Brad DeLong has been pointing out, numbers like that, even if you take them as causal, are a very weak argument for austerity in a liquidity trap.
Finally, this largely anecdotal example is anyway a very weak argument.
Moreover, as pointed out above, that something has some negative consequences in some context is of course a very weak argument against using that thing.
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That is a very weak and inward-looking argument.
They have a very weak society".
"It's a very weak picture".
That's a very weak response".
It's a very weak summer".
"It was a very weak structure with very thin walls.
But this is a very weak sense.
This is a very weak supposition.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com