Clinton: America's Debt Problems 'Can't Be Solved' With Austerity

From ThinkProgress Fri Feb 8 2013, 19:00:21

Former president Bill Clinton urged House Democrats to avoid the push for immediate austerity at a party retreat in Virginia today, pointing to Europe's failed deficit-cutting experiment that has led to further economic malaise instead of prosperity. The American economy, bolstered by a major stimulus bill in 2009, has slowly recovered from the Great Recession, [...]

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