Paul Krugman is an economist with a terrible track record of predicting economic outcomes and he writes nothing but lies and misleading articles for the NY Times. England implemented a big sales tax hike. It's not austerity that is their issue directly. Ireland? http://www.foreignaffairs.com/articles/138490/stephen-kinsella/how-ireland-got-its-groove-back Recession is defined as 2 consecutive quarters of negative GDP growth. US GDP is about $16T. The govt. borrows $1T of that $16T from China. Minus the $1T borrowed, GDP is really $15T. Without the massive govt. borrowing, GDP growth would have been hugely negative. The borrowing makes it look like GDP grew by 1/16th when it really didn't. When Obama's recovery looks like 2% GDP growth, it's really 2% - 6% = -4% growth (NEGATIVE). This negative growth is what needs to be addressed, not massive borrowing to mask it. Sure, austerity means some pain. But the pain is going to happen no matter what. Better to minimize the impact, get it over with, and move on from there than to extend the impact for decades, bury us in debt, and assure far worse pain when the terms on the govt. credit card aren't so favorable. WHEN, not IF.
There actually is an Obama connection to horse meat. http://www.washingtontimes.com/news/2011/nov/30/obama-congress-restore-us-horse-slaughter-industry/?page=all Go Blazers
hahaha when I was a kid it was the rage, I had friends that played on a simi pro basis..I was ok..I think Icould pull shot off the bank still and get a point or three
