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mrstickball said:
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.


I was talking with a member of the Government the other day, and he seriously believed that the only country "cutting" more than Britain, was the USA.

Oh, he's a leading member of the Conservative party, too.