Monday, June 25, 2012

Austerity chokes business and government

The European governments tried austerity and the US economy with its its stimulus outperformed the euro zone.

For the past two years, the 112th congress has passed a record low of 75 bills and reduced spending to slow the economic recovery in the US.

Perhaps the aim was make Presidnet Obama look bad. The 112th Congress was rated with a 17 per cent overall favorability rating when it went out-of-session.

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