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To: SeekAndFind
More notably, in Europe, countries that embraced (or were forced to adopt) austerity, like the U.K. and Greece, have endured multiple recessions (and, in the case of Greece, a depression).

What unmitigated twaddle. There isn't a single country that has tried government austerity. All they have mustered the courage [?] to do is cut the growth in spending all the while raising taxes on the already-burdened private economy.

True austerity would see government spending cut below current levels while leaving taxes the same or actually cutting them. This author is very, very ignorant of the facts. Of course, the title told us that.

9 posted on 04/24/2013 7:38:32 AM PDT by BfloGuy (Don't try to explain yourself to liberals; you're not the jackass-whisperer.)
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To: BfloGuy

I wonder if these Austeritians have anything in common with the Austrians?


15 posted on 04/24/2013 7:49:31 AM PDT by JCBreckenridge (Texas is a state of mind - Steinbeck)
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