Without GOP Austerity, Economy Would Be Recovering At Pace Of ‘Reagan Recovery’ | ThinkProgress

Republicans are either very bad at economics or have another agenda…

Ignoring the warnings of economists and clear evidence in Europe that austerity would only hold back an economic recovery, Republicans in Washington have pushed for deep spending cuts and other austerity measures. One side effect of those spending cuts is that state and local governments, already facing budget crunches because of the slow economy, have been forced to make even deeper reductions to their own budgets. Hundreds of thousands of public sector employees — teachers, police officers, and firefighters included — have lost their jobs as a result of those cuts.

more at Without GOP Austerity, Economy Would Be Recovering At Pace Of ‘Reagan Recovery’ | ThinkProgress.

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