Austerity will SINK the economy.
(So who wants that?)

Friday, Nov 18, 2011 5:49 PM 20:55:53 EST
Austerity will sink the economy
Budget cuts aren’t the answer. Here are the four principles that should be guiding the supercommittee
By Robert Reich

The biggest question right now on Planet Washington is whether the congressional supercommittee will reach an agreement.

That’s the wrong question. Agreement or not, Washington is on the road to making budget cuts that will slow the economy, increase unemployment and impose additional hardship on millions of Americans.

Read more.

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