The University of Utah S.J. Quinney College of Law hosted a symposium in March 2013, entitled "Austerity vs. Growth: Lessons for the U.S. Economy." While there, Professor Steven Ramirez delivered remarks entitled "Mythological Austerity," which he linked to yesterday.
Linked today is the presentation "Austerity Bites: Communities of Color and the Impact of Spending Cuts." The argument herein suggests that austerity is never distributed equally across wealth levels. Particularly, sequestration and austerity always seems to fall hardest and heaviest on those least able to afford it.
The US can learn from the verdict on uasterity in Europe now coming in. For more analysis, pls see my essay at http://www.thewordenreport.blogspot.com/2013/04/does-austerity-work.html
ReplyDelete