why do governments impose austerity?

[the2real4mafol]

Soleron said:

the2real4mafol said:

For an economy to work, you have to invest as it creates new jobs and thus for the money invested, more is collected in tax revenues, which lowers the debt.

Invest, yes. In infrastructure, or in new businesses.

But just spending money alone (for example, wars, or rebates, or $20,000 routers for a small school district) doesn't "create jobs". The money simply disappears.

I'd like to see firm commitments like: 95% of the US will have 100Mbps Fibre by 2015, or University Education is now indiscriminately subsidised, or we're doubling the efficiency of solar panels by 2020, or we're funding 100,000 apprenticeships at national businesses. THAT's investment.

Yes thats the sort of thing i'm talking about, investing in smaller business' especially