We can’t cut our way to a better economy
ecthompsonmd
June 10, 2012
I know that conservatives are trying to convince the American people that we can cut our way to a better economy, but that just isn’t true. We can hold our breaths and jump up and down and scream, but that isn’t going to change reality. Conservatives tell us that we are spending too much. Really? How much is too much for a country of 300 million? Europe tried cutting their way to growth and it didn’t work. From EPI: In the summer of 2010, the newly-elected conservative government of the United Kingdom passed and implemented a large austerity budget. This budget
