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<title>Not All Austerity Is Equal; We&#x26;#x2019;re following Britain&#x26;#x2019;s failed path, not Estonia&#x26;#x2019;s successful one.
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<link>https://freerepublic.com/focus/f-news/2982623/posts</link>
<description>Prominent economists, politicians, and pundits throw around the term &#x26;#x201C;austerity&#x26;#x201D; as if policies by that name always take the same form. They usually use the term to criticize the concept and its effects by pointing to Europe&#x26;#x2019;s stagnation at the hands of &#x26;#x201C;savage&#x26;#x201D; cuts in government spending. But this mindset ignores the question: Austerity for whom? The answer is especially important if the United States, which has continued to follow in Western Europe&#x26;#x2019;s footsteps with this month&#x26;#x2019;s fiscal-cliff deal, is to learn from the Old World&#x26;#x2019;s mistakes. Raising taxes on the private sector while government continues to gorge itself on...</description>
<author>national review</author>
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<pubDate>Mon, 28 Jan 2013 12:57:37 GMT</pubDate>
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