http://www.salon.com/2013/04/17/whoops_turns_out_debt_doesnt_ruin_economies/singleton/

So, austerity’s canceled, right? Haha, no, sorry. The problem is that debt moralists used the study to justify a political belief, and they will not shed that belief now that the study has been shown to be flawed. The idea that debt is just innately bad, and indicative of a sort of national deficiency of character, will persist.