Tuesday, April 30, 2013

Stop Pushing Austerity | Rcooley123's Blog

Stop Pushing Austerity | Rcooley123's Blog

"The constant call, primarily by Republicans in Congress, for drastic spending reductions in order to eliminate the federal budget deficit within ten years without further increasing tax revenues seems to have hit a snag recently. The work of Harvard economists Reinhard and Rogoff turns out to have included serious errors which cast the validity of their conclusions, used widely by those seeking to institute such austerity policies in this country in great doubt."

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