Europe's Austerity Programs Will Fail (ContributorNetwork)

[unable to retrieve full-text content]ContributorNetwork - COMMENTARY | The Associated Press reports that the austerity budgets being passed in Europe have done nothing to improve their respective economies. The implication is that deep spending cuts do not work and that these governments should be following a Keynesian plan by spending their way out of debt and recession. It is my opinion that the data does not support this idea and to do the opposite would only accelerate a nation's decline.

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/ac/20120224/bs_ac/11001656_europes_austerity_programs_will_fail

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