Tuesday, June 22, 2010

Budgetary Cutbacks

There is an interesting article in the New York Times regarding the proposed budgetary cutbacks being implemented "out of necessity" by governments hit by the fiscal irresponsibility of banks and ... err... governments. Due to the level of incompetence so admirably shown, there is an (apparent) need to punish us all with a series of harsh restrictions in social spending, pensions, and so on.

This article disputes the idea and very admirable demonstrates why there should NOT be cuts... here.

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