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1 posted on 05/11/2012 4:35:16 PM PDT by Kaslin
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To: Kaslin

Very few of us understand what austerity is. I know I’ve never experienced it.


2 posted on 05/11/2012 5:05:29 PM PDT by andyk (Go Juan Pablo!)
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To: Kaslin

How many of those countries actually cut any spending?


3 posted on 05/11/2012 5:09:04 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: Kaslin
Wow, according to Wiki, austerity is just deficit cutting. That entry is wack. Would be nice to see an army of FReepers hitting the wiki. Deficit cutting is not austerity.
4 posted on 05/11/2012 5:09:56 PM PDT by andyk (Go Juan Pablo!)
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To: Kaslin

Their “austerity” included tax increases which always destroy economic growth.


8 posted on 05/11/2012 6:31:46 PM PDT by BeckB
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