Was the 1990s austerity “severe”? I remember a lot of complaining at the time, b... | Hacker News

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		akamaka 9 days ago \| parent \| context \| favorite \| on: Solution to US debt crisis is severe austerity tri... Was the 1990s austerity “severe”? I remember a lot of complaining at the time, but it doesn’t seem too bad in hindsight.

ls612 9 days ago [–]

Given the security situation today repeating the peace dividend is not an option, so it would be much tougher than the early 1990s was.

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