[lbo-talk] Karl Rove's plan

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Thu Jun 7 09:38:49 PDT 2012


ken hanly writes:


> The U.S. citizens also needs to experience what austerity
> is like for real so that the experience will turn them
> against the Republican austerity mongers.

The US has already been experiencing significant austerity in the last two years.

Maybe they just don't realize it; it's happened before.

http://krugman.blogs.nytimes.com/2012/06/03/1937-2/

[ excellent charts in original ]

Summary:

"So we haven't seen spending cuts like this since the

demobilization that followed the Korean War."

/jordan



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