Austerity budgeting has not been growing Economies ANYWHERE it has been tried.

Europe really bought into the Austerity budget craze and where they went Austerity budgeting, the economies are flat, the unemployment is high - AUSTERITY HAS FAILED ON A GLOBAL SCALE!  Austerity budgeting means CUT, CUT, CUT and DO NOT STIMULATE THE ECONOMY!  As more people are out of work, you cut the budget more.

Countries that stimulated the economies and DID NOT CUT, CUT, CUT are moving forward.  Not as fast as people would like of course but moving forward none the same.

a bit from the article:
 First the example was Ireland, which the head of the European Central Bank said in 2010 was “the role model for all of Europe’s debtor nations.” But events proved them wrong; Ireland is worse off today than it was back then. So then the U.K. became the touted model, until it wasn’t. Then little Latvia, which has recovered some, was pushed forward; but Latvia still has 14% unemployment. Hmm.
Krugman’s conclusion — nowhere in the world is there an example of austerity that works as the austerians said it would. The policy is “wrong on all fronts.” Yet they (Our Betters) still promote it.


Interesting information.
http://americablog.com/2013/02/no-austerity-anywhere-in-the-world-has-restored-a-national-economy.html