killerzX on 20 December 2012
| the2real4mafol said: I never understood why governments around the world continue to think cutting services and any industries would help a economy to recover. All austerity does is destroy any chance of creating better services and more jobs and more importantly do what austerity hoped to achieve in the first, which is lower the debt. 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. Simply put, it can be said, "you must spend money to make money" If anyone here agrees to austerity, please tell me why, i would like to know. |
you dont understand basic economics do you?
