Motley Moose – Archive

Since 2008 – Progress Through Politics

From the “Excrement free, Mr. Holmes” files…

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From America’s High School Newspaper:

Federal budget cuts in the U.S are coming too fast and slowing the pace of the U.S. recovery, the International Monetary Fund says in a new assessment of the U.S. economy.

When even the original Austerians think we’re too austere… well… I reckon there’s a problem.



Even more interesting is the advice from Director Lagarde:

In a press briefing Friday on the IMF’s forecast, IMF managing director Christine Lagarde said the U.S. should slow down budget cuts now but move faster in shaping a longer-term deficit reduction plan that would take hold when the economy is stronger.

In “TheresMoreVille,” we’ll see who else has been espousing such a strategy…

Now, most of us agree that a plan to reduce the deficit must be part of our agenda. But let’s be clear: deficit reduction alone is not an economic plan. A growing economy that creates good, middle-class jobs – that must be the North Star that guides our efforts. Every day, we should ask ourselves three questions as a nation: How do we attract more jobs to our shores? How do we equip our people with the skills needed to do those jobs? And how do we make sure that hard work leads to a decent living?

A year and a half ago, I put forward an American Jobs Act that independent economists said would create more than one million new jobs. I thank the last Congress for passing some of that agenda, and I urge this Congress to pass the rest.

just a snippet from the 2013 SOTU.


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/ 10 Comments

10 comments

  1. HappyinVT

    as long as Congress can be guaranteed safe flights with enough air traffic controllers screw the rest of us.

  5. JanF

    Britain’s Austerity Policies Forcing Homeless People To Live In Caves

    Britain’s economy continues to reel from the austerity policies enacted by the conservative government, and it is having a tragic human impact in places like Stockport. As the Telegraph reports, in the last year alone, there has been a 42 percent increase in homelessness. Shelters have tried to accommodate the surge in demand, but some are seeing twice as many people in need as in the past few years.

    As a result, a number of homeless individuals, including an Estonian man who identified himself as “KP,” have been forced to take up residence in a network of caves originally used as bomb shelters in World War II.

    Britain’s deficit-firsters made the economy worse, creating a triple dip recession:

    The conservative Tory government’s austerity policies are pushing the United Kingdom toward an unprecedented triple-dip recession, as the UK’s economy contracted 0.3 percent in the fourth quarter of 2012. If the economy slumps again in the first quarter of this year, the two consecutive quarters of losses will mark Britain’s third recession in four years.

    Sadly for them, and the people forced to live in caves, austerity actually increases the deficit because it slows the economy even more: creating more unemployment, more needy people and less tax revenue. Good job, austeritarians!!

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