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It's a kneejerk reaction to a complex problem, and as in most situations kneejerk reactions end up making things worse. The proponents of austerity (at best) believe that they're helping solve the problem of a deficit by reducing government spending. Immediately this might look good because less spending might mean less debt, right? At worst, they have an agenda and are pushing austerity because they want to reduce the role of government as a whole and taking away its funding is an easy way to do that. Of course, it never works because laying off tons of people in the name of austerity sends the economy into a greater tailspin, making recovery that much more difficult. Mercury_Storm fucked around with this message at 23:20 on Jul 15, 2015 |
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Jul 15, 2015 23:16
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| # ¿ May 9, 2024 08:55 |
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