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September 16, 2010

300 Economists Warn Against Austerity

-- by Dave Johnson

More than 300 economists released a statement today, warning that deficit reduction now is a threat to the economy, and won't really reduce the deficit. "Putting deficit reduction ahead of job creation spells grave danger."

Don't Kill Growth And Jobs In The Name Of Deficit Reduction

More than 300 economists, policy experts and civic leaders have signed a statement warning political leaders of “a grave danger” that the still-fragile economic recovery will be undercut by austerity economics of the kind being pushed by conservative politicians and by the White House deficit commission.

Read the statement and more at dontkilljobs.org.

You can see who the signers are at dontkilljobs.org

Posted by Dave Johnson at September 16, 2010 8:12 AM


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