The Tea Party is going to try and impose an AUSTERITY program!

But WITHOUT the tax increases!

In economics, austerity is a policy of deficit-cutting, lower spending, and a reduction in the amount of benefits and public services provided.<1> Austerity policies are often used by governments to reduce their deficit spending<2> while sometimes coupled with increases in taxes to pay back creditors to reduce debt.<3>

http://en.wikipedia.org/wiki/Austerity


This is a recipe for disaster!


If you put the word austerity in Google news you will see that the European programs are causing DEFLATION and loss of GDP and hurting growth. There is NO good news even in the UK where the media is trying to spin it!


It's IMPOSSIBLE to cut debt by cutting spending while at the same time your cutting taxes!

IMPOSSIBLE! But that's what the conservative teabag filth is going to try and do!

DO NOT expect ANY help from the media in explaining this to the public. We're on our own!

The media will sit there like potted plants and let the conservatives tell huge lies about the economy while our country sinks into a nightmare.

The Teabag plan economic plan will.........

Add 4 trillion dollars to the debt!
INCREASE the unemployment rate by helping corporations out-source jobs.
INCREASE the unemployment rate by cutting government jobs.
INCREASE the long term debt by selling off state assets for pennies on the dollar.
Allow extraction blood suckers to feed off the neck of the country!


It's the misery index and it won't help anyone but the ultra rich and the bondholders!

I can't believe the American voter is this STUPID!

And buy bonds :>)

nt

They say they're anit-war but you just wait. They will vote for increases in defense spending. You betcha.

Government spending has increased from $3.2 trillion in 2000 to $6.4 trillion this year. So while spending has doubled in the 11 years, inflation and population growth has increased at about 1/3 that rate. I believe the talk has been cutting spending $150 billion so instead of $1+ trillion deficits you'd have $900b+ deficits. Remember too that the fed can achieve what the congress can't politically through quantitative easing.

It looks like Wisconsin is going to get a governor who doesn't have a college degree and who is unlikely to read more than the letters on the remote that take him to Faux.

His running mate believes same sex marriage is between a man and a table...I think she heard somebody talking about a table and Chas' and got very confused.