Can you elaborate on the bottom right panel? I know austerity can produce a downward spiral, but don’t you think the Greek’s bear some responsibility for their predicament? Or do you believe they are in a bad spot because they simply have lousy luck in what industries are performing well versus what industries drive their economy?
Love your strip, Jen. I try to link it over on NPR whenever possible/relevant since Double Take was discontinued.
I’m trying to make the point that it’s a mistake to scapegoat the Greek people as “lazy” when larger economic forces beyond their control are responsible for the crisis. Sure there was mismanagement, but the EU and austerity are to blame for the current extreme situation (and unconscionable human suffering).
I think this Paul Krugman post sums it up.
I think this Paul Krugman post sums it up:
Thanks for the reply and the link. Makes sense.