Was Paul Krugman Right to Fight Austerity?

The transcript discusses the fiscal policies in Europe, focusing on austerity and structural reforms. It highlights the impact of these policies on the poor and middle class, and the political pushback they have generated. The role of elections in shaping the future of Europe is emphasized, along with a debate on the effectiveness of austerity versus fiscal stimulus. Voter discontent is leading to political shifts both to the left and right across Europe. The challenges of implementing fiscal measures and the potential benefits of infrastructure spending are also explored.

What are the implications of combining fiscal austerity with structural reform in Europe?

What are the potential outcomes of the upcoming elections in Europe based on the text?

How have voters in Europe reacted to austerity measures according to the text?

Discuss the impact of political movements on economic policies in Europe as mentioned in the text.

What role does fiscal spending play in the current economic climate as discussed in the text?