Overalls Austerity News Today : Breaking News, Live Updates & Top Stories | Vimarsana

They say austerity. this has gotten conflated with the republicans' position. you should reduce the deficit but not by cutting defense and absolutely not in any way by raising taxes. if it requires raising taxes even a dollar, then better not to reduce the deficit at all. better possibly even to default on the debt which brings all the terrible consequences of a debt crisis all at once artificially. something they don't typically believe that further government action to help out the economy probably isn't merited. if you think of these academics who have become associated with austerity, they...

The one thing that government does that they were bothered by. making the planes run safely and on time. coincidentally, they passed that legislation before all going to the airport to get on planes themselves to go home at the end of congress calling it a day. cutting hundreds of billions of dollars at once out of what government does hurts us as a country. what we have learned, though, thus far by doing that is that only some people get relief from those cuts. only people with political capital get relief from those cuts. congress feels your pain, we'll get on fixing that. the reason we ar...

Worried and there's hank johnson making the case. really, we can address helium, but nothing else? that paradigm, that dynamic to me seems to be the dynamic in washington. we shouldn't fight back against the sequester by fixing the stuff that bothers people the most, the sequester it's has to go because the idea of budget cutting our way to success has got to go. do you think there's an overalls austerity thesis driving politics right now? >> i don't think so so in this way. i think two things have cot gone con flated. the way most people describe it. the idea is if you reduce the deficit quic...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.