Popular Conservative Austerity argument Debunked?

[the2real4mafol]

dsgrue3 said:

Pemalite said:

Kasz216 said:

I'd point out that the UK's GDP growth predictions... even lowered actually aren't that far off the US.

EVERYWHERE regardless of strategy seems to be stuck at ~1-2% GDP growth.

Even if you think the debt spending is making the difference... why kill yourself for 2%, building up a future huge disaster?  When you could have 1% and have a safer future?

Espiecally if nearly all that 1% is a boost soley due to government spending!

I wouldn't say *everywhere* Australia avoided recession during the global economic collapse and has maintained growth through the whole ordeal.

Sure?

Certainly looks like it dipped into a recession at a couple points.

Furthermore, any growth <2% is considered poor, let alone <1% which is anemic.

At least they are growing, we in the UK are amazed at .3% growth. How pathetic!! Sadly, it's the same across much of Europe too. We are just so screwed. Australia must at least maintain what it's got.

This graph is the UK's poor economy