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Who's an economy for? Voters in France and Greece have made it clear it's not for the bond traders.
Referring to his own electoral woes, Prime Minister David Cameron wrote Monday in an article in the conservative Daily Telegraph: "When people think about the economy they don't see it through the dry numbers of the deficit figures, trade balances or inflation forecasts -- but instead the things that make the difference between a life that's worth living and a daily grind that drags them down."
Cameron, whose own economic policies have worsened the daily grind dragging down most Brits, may be sobered by what happened over the weekend in France and Greece -- as well as his own poll numbers. Britain's conservatives have been taking a beating.
In truth, the choice isn't simply between budget-cutting austerity, on the one hand, and growth and jobs on the other.
It's really a question of timing. And it's the same issue on this side of the pond. If government slices spending too early, when unemployment is high and growth is slowing, it makes the debt situation far worse.
That's because public spending is a critical component of total demand. If demand is already lagging, spending cuts further slow the economy -- and thereby increase the size of the public debt relative to the size of the overall economy.
You end up with the worst of both worlds -- a growing ratio of debt to the gross domestic product, coupled with high unemployment and a public that's furious about losing safety nets when they're most needed.
another flaylo thread, another link to huffpo.
Usmb should charge you rent.
France is going to tax and spend their way out of an over taxed and over spent problem.
It's like the captain of the titanic trying to ram a second iceberg to try to close the hole made by the first
Welfare spend your way to prosperity ???????? Gee, who knew !!!!
Welfare spend your way to prosperity ???????? Gee, who knew !!!!
I don't think you understand because you're facking drunk and high off that rightwing pimp juice and weed, in times of low demand cutting social safety net programs is not the cure all to reverse a bad economy. Its common facking sense, cutting programs to the poor will not make them richer or more wealthy.
Welfare spend your way to prosperity ???????? Gee, who knew !!!!
I don't think you understand because you're facking drunk and high off that rightwing pimp juice and weed, in times of low demand cutting social safety net programs is not the cure all to reverse a bad economy. Its common facking sense, cutting programs to the poor will not make them richer or more wealthy.
Just because FDR spent us into oblivion with his failed and over reaching policies, many of which were struck down by the SC, doesn't mean we should repeat that horrible mistake.
Welfare spend your way to prosperity ???????? Gee, who knew !!!!
I don't think you understand because you're facking drunk and high off that rightwing pimp juice and weed, in times of low demand cutting social safety net programs is not the cure all to reverse a bad economy. Its common facking sense, cutting programs to the poor will not make them richer or more wealthy.
Just because FDR spent us into oblivion with his failed and over reaching policies, many of which were struck down by the SC, doesn't mean we should repeat that horrible mistake.
I don't think you understand because you're facking drunk and high off that rightwing pimp juice and weed, in times of low demand cutting social safety net programs is not the cure all to reverse a bad economy. Its common facking sense, cutting programs to the poor will not make them richer or more wealthy.
Just because FDR spent us into oblivion with his failed and over reaching policies, many of which were struck down by the SC, doesn't mean we should repeat that horrible mistake.
FDR didn't spent shat into oblivion, he inherited a mess from Hoover, get a history lesson dumbass.
Just because FDR spent us into oblivion with his failed and over reaching policies, many of which were struck down by the SC, doesn't mean we should repeat that horrible mistake.
FDR didn't spent shat into oblivion, he inherited a mess from Hoover, get a history lesson dumbass.
FDR called Hoover a "Socialist" and then proceeded to double down on all of Hoovers Socialist ideas plunging us into an economy worse than the 7 Biblical Lean Years
FDR didn't spent shat into oblivion, he inherited a mess from Hoover, get a history lesson dumbass.
FDR called Hoover a "Socialist" and then proceeded to double down on all of Hoovers Socialist ideas plunging us into an economy worse than the 7 Biblical Lean Years
Facking nuts you are, most of Americans don't know what socialism is, especially rightwingers.
Welfare spend your way to prosperity ???????? Gee, who knew !!!!
I don't think you understand because you're facking drunk and high off that rightwing pimp juice and weed, in times of low demand cutting social safety net programs is not the cure all to reverse a bad economy. Its common facking sense, cutting programs to the poor will not make them richer or more wealthy.
