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DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Government cuts slow econ... » Reply #16

Response to Cronkite (Reply #12)

Tue May 1, 2012, 05:05 AM

16. New revenues (taxes) and reduced spending.

.... are on the horizon, they HAVE to be.

As I've been bleating here for 5 years, everyone that thinks the worst is over or that there will soon be a "recover" is sadly mistaken.

While the economy languishes it has not been for the want of trying with more gov't spending. It's not working and it's not going to work. And eventually we will have "austerity", not by choice and not because it is some great policy, it will be forced on the gov't and us by simple math.

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