mrstickball on 16 May 2012
| Kasz216 said: I suspect that Austerity in Europe means the same thing it does to Democrats AND Republicans in the US. That is.... cut future projected spending INCREASES. Outside of the few countries already on deaths door anyway. |
That was my thought. Every article I've read about European austerity is simply about reducing the revenue-expense chasm by cutting future funds, rather than shuttering/firing/reducing actual spending today.
Back from the dead, I'm afraid.
