The US economy is structurally damaged....it is an anomaly running on the historic value of the dollar...
But no serious economist says that after a banking collapse...austerity is the solution...its not...as Euroland shows...and as Americans will discover if Romney is elected or the sequester happens in January...
The problem with the Republican "arguments" is that they are TOTALLY outside the realm of academic economics...
NO SERIOUS ECONOMIST BELIEVES THE REPUBLICAN PLAN...
The notion that Austerity can cause a reversal of the Depression is nonsense...
But since the economy is terminally damaged...and can not recover in the usual sense...perhaps just "letting it go"...with austerity would be "kinder" than the false hope of Keynesianism...which is not and will never work...?
OBAMA'S PLAN IS NOT WORKING...AND ROMNEY'S PLAN WILL BE WORSE...?
THOSE ARE YOUR CHOICES... Good Luck...
