Just thought I would share this for all my friends that think the answer to all our problems is austerity……personally, I think that type of solution is just pure BS……the economy must be stimulated and austerity does nothing but hurt middle class and the poor……and making the wealthy richer…..
But let us look at other countries that have tried the unthinkable…….
Japan is showing the world that stimulus works | Al Jazeera America.
Yea, after 20 years of failed monetary policy.
True that…but at least they have tried…..we instead think cutting everything will magically solve all the problems….