Show Hide image 16 May 2012 Chart of the day: textbook austerity One of the countries in the chart above was running a budget surplus before the financial crisis, and another one of them has reduced their government deficit to almost nothing after it. These adherents to austerity should surely be doing fantastically, no? By Alex Hern Alex Hern is a technology reporter for the Guardian. He was formerly staff writer at the New Statesman. You should follow Alex on Twitter.