What Happens When the Debt Hits the Fan?
Spoiler: it's bad.
Austerity
How Biden's Agenda Is Causing Inflation
Too Many (Government) Dollars Are Chasing Too Few Goods.
The National Debt Is Coming Due, Just Like We Told You
By 2020, interest on the debt will cost more than Medicaid. By 2025, it will cost more than defense spending. And that's just the start.
Flint Lead Poisoning: The Anatomy of Government Failure
Sorry libs, its not government austerity but government that's the problem
Progress Through State Violence or Smaller Government?
Progressives can't imagine progress without government force
UK's Chancellor of the Exchequer Says Billions More in Cuts Will Be Needed After Next General Election
Many of the cuts would be made in the welfare budget
17,679 Things the Federal Government Has Done Since Sequestration
Opponents of the sequester say budget cuts are ruining America and that austerity kills. Reason offers a look at what the feds have been up to since the cuts kicked in.
Security Tightened in Athens for German Finance Minister's Visit
Fan of austerity coming to a country where it's not that popular
Cuts to Public Broadcasting in Europe: Good for Localism, Bad for Hollywood
European broadcasters adjust to budget reductions.
Slow British Economy Requires a Decade of Trimming Government, Say Think Tanks
We could use some of the same
French for Austerity: Presidential Palace Downgrading Wine Selection
Looking for cheaper alternatives to "invest in" (read: spend on)
Germany "Pulling Plug" on Drone Program to Avoid "a horror without end"
Costs, continental regulations blamed
U.K. Economy Too Weak To Loosen Fiscal Restraint, Says European Commission
High debt and poor growth
Reinhart and Rogoff Say Attacks on Their Study on Debt Are Sad
Say they never specifically advocated for austerity
European Commission President Speaks Out Against Austerity
Wants emphasis to be on stimulating the economy in the short term
Tony Blair: Labour Risks Becoming "Protest Party"
Has to provide an alternative to cuts, not just say no
Anti-Austerity Strikes Hit Greece
Two largest unions call for workers to strike for 24 hours
British Parliament Spent $130K on Ceremonial Garments
This is what they mean by "austerity"
Further Inside the Brain of the Sound Money Advocate
Bloomberg's recently (and quite rightly) christened "Forbes 30 Under 30" superstar Josh Barro is inside my head. Or at least that's what the title of his recent post for The Ticker implies. But since he kindly didn't dig deeper in exploring the depths of our depraved "Hard-Money Advocate" Brains, let me clear up a few things.
Spanish Austerity Protests Expected Tonight
The government has pledged to implement 60 billion euros worth of cuts through 2014
Tax Hike Won't Save US from Fiscal Cliff
Obama's proposed taxes on the rich won't even pay for his own planned spending increases
Anti-Austerity Protests in Spain, Portugal Turn Violent
Police charge demonstrators in Lisbon, injuring 50
French Unions Call on Hollande to Rethink Policies
Evidently he is not socialist enough for them
Greece Reneges on Troika Demand
Only hours after receiving a two-year extension on deficit reduction goal
American Policy Makers Look to Learn From Europe
Their takeaway: don't cut too quickly and let the central banks offset contraction
Far-Right Greek Party Enjoying Increased Popularity
Support for Golden Dawn has doubled in a few months
