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Austerity cuts and the Paul Ryan budget will make our economic situation worse

 :: Unemployment Discussion :: The World Economy

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Austerity cuts and the Paul Ryan budget will make our economic situation worse Empty Austerity cuts and the Paul Ryan budget will make our economic situation worse

Post by need_a_break Tue May 01, 2012 4:47 pm

Paul Krugman who won the Nobel Prize in Economics says that austerity cuts and the Paul Ryan budget will make our economic situation worse. I saw this on an hour-long Charlie Rose interview. He said in his book that we need more spending especially on the local level. He said that this will get people back to pre-recession employment levels within a year.

The video is not live yet but it will be at this link:

http://www.charlierose.com/schedule/

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Austerity cuts and the Paul Ryan budget will make our economic situation worse Empty Re: Austerity cuts and the Paul Ryan budget will make our economic situation worse

Post by Guest Tue May 01, 2012 6:54 pm

Paul Krugman is a genius. Our lawmakers should have listened to him a long time ago and we would have been out of this mess a while ago. He and Robert Reich should be in charge of cleaning up this economy.

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