Saturday, April 27, 2013

Is Austerity the solution to the Economic Collapse Problem ?

Counting the Cost - Austerity debunked



The governments have catered so heavily to large corporations, that are still recording record profits, with the DOW reaching record highs recently. These corps are returning very little for the huge tax breaks they have been given. In so doing, tax revenue has been cut sharply, deficits rise, and the governments go after services to the middle and working class to compensate. In consumer economies, this is just stupid.

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