And Ryan-Romney monetary and fiscal austerity would be the same.
The Economic Consequences of Mr. Osborne: Schularick and Taylor have an update to their article on post-crisis economic performance. They previously showed that the United States is doing a bit better than one might have expected from the historical record. Now they show that the UK is doing significantly worse…. Gee, remember the enthusiasm with which the Cameron/Osborne turn to austerity was greeted by VSPs on both sides of the pond, with David Broder urging Obama to “do a Cameron”?