Austerity Is Killing Us

Graph of the day comes from Sam Ro at Business Insider:

deficit falling.
Now, compare that to real GDP growth over the past couple of years:

The economy has been stuck in neutral for years now. Meanwhile, the deficit is falling at its fastest rate since World War II. The stupidity in this is astounding. The government is holding back the economy in so many ways and yet the next month will be spent talking about a small bargain to bring down the deficit, all to avoid a second government shutdown within a few months. Unbelievable.



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