Amplify’d from www.huffingtonpost.com
The government-haters behind today's austerity economics push have also been planning their moves for a long time, too. Billionaire Pete Peterson proposed a government-downsizing scenario in the early 1990s that's virtually identical to those we'llbe seeing from the Gang of Six and other servants of the new Beltway consensus. The Peterson Foundation is the PNAC of deficit reduction.
Austerity economics won't work. When that becomes obvious there will be hell to pay. When the suffering really starts, people will look for someone to blame.
See this Amp at http://amplify.com/u/a124hb
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