So How's Austerity Working out for Europe?

[ShinerTX]

Funny that Obama is campaigning in the U.S. on higher taxes and more government spending, but asking the French President-elect not to do the same. Makes sense.

 

[Horn69]

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[Satchel]

This.

 

[Mr. Deez]

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[Satchel]

It's kinda like those who publicly read the Bible so as to appear holy when they're really not. The public reading of the Constitution was a publicity stunt that even the GOP tired of after a couple of days.

 

[ShinerTX]

Um, the House has been doing their job. As an example, they've passed a budget. Harry Reid will not even bring it up for discussion. Idiot.

 

[ProdigalHorn]

Sangre, if you favored European style austerity you would favor raising spending, as has been proving. I shudder to think what satchel considers stimulus if he thinks Europe is being austere.

 

[Monahorns]

More food for thought on this subject.

reason.com/blog/2012/05/11/is-austerity-to-blame-for-europes-econom

 

[Leftwith]

How long have the austerity measures been in place?

This reminds me of the howl from the loons about "jobs" two months after the Republican Congress was sworn in in January 2011.

 

[ShinerTX]

Has there actually been any "austerity" in action outside of Germany?

 

[Mr. Deez]

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[Monahorns]

Yeah, the problem comes in what people call "austerity". We only increased our national budget and increased our taxes by 10%! We are sure suffering! It's comical.