posted by leo
on Sat, 07/30/2011 - 01:40
Wow, Scott Horsley waited till the tail-end of an almost completely vacuous piece of MSM reporting to add this sudden dose of reality:
But here's the thing, Scott, one of the reasons the economy has slowed down has been a drop in government spending. And the policymakers' response to that is to contemplate additional cuts in government spending. It's hard to really see the economic rationale for that. It's almost as if they're saying the beating will continue until morale improves.
Issue:
