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Thursday, February 28, 2013

Point Two - It Doesn't Work

Bottom line - austerity is a conservative construct which does not work in terms of improving an economy.

Reuters: Analysis: Cuts unlikely to deliver promised U.S. budget savings

2 comments:

Glynn Kalara said...

Austerity as it's called is NOT meant to revive the economy, quite the opposite , it's actual goal is to destroy the economy and with it all the various Social safety nets and Gov't backed security Insurances and programs of the last 100 yrs. It's real goal is to return us to a 19th style century economy based on the Gold standard and total Corp. dominance. Think a Nat' version of Pottersville.

Jim Sande said...

This is true. The biggest end of it is once again the ability for corporate privatization. Amazing how powerful the GOP is and remains considering they are fractured and had their heads handed to them. They are pulling out all the stops like rats trapped in a box and the damage they are causing is monstrous.