Wednesday, February 8, 2012

Mazi's Link O' the Day

Are we cutting debt too quickly? Lower government spending will detract from GDP, and low growth will mean less tax revenues (which makes reaching those deficit targets difficult). Can we really afford more hampers on our growth?

http://blogs.wsj.com/economics/2012/02/08/imfs-cottarelli-some-governments-may-be-trying-to-cut-debt-too-quickly/?mod=WSJBlog

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