Don’t look now, but there’s a growing group of voices on both the left and right of the political spectrum questioning the theory that America is facing a debt crisis and must fight it with economic austerity.


Consider THIS:


The two parties are miles apart on how to cut the deficit and national debt: Republicans want to slash spending even more. Democrats want to raise revenue.


And then there are the other Democrats ó the ones who reject the entire premise of the current high-stakes fiscal fight. Thereís no short-term deficit problem, they say, and there isnít even an ...

Read more

Don’t look now, but there’s a growing group of voices on both the left and right of the political spectrum questioning the theory that America is facing a debt crisis and must fight it with economic austerity.

Consider THIS:

The two parties are miles apart on how to cut the deficit and national debt: Republicans want to slash spending even more. Democrats want to raise revenue.

And then there are the other Democrats ó the ones who reject the entire premise of the current high-stakes fiscal fight. Thereís no short-term deficit problem, they say, and there isnít even an ...

Read more