Truthmatters
Diamond Member
- May 10, 2007
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- #21
Gee what a thoughtful post.
those silly little guys dont make real facts disapear do they?
173 episodes of fiscal austerity over the past 30 yearswith the average deficit cut amounting to 1 percent of GDP. Their verdict? Austerity lowers incomes in the short term, with wage-earners taking more of a hit than others; it also raises unemployment, particularly long-term unemployment.