Stimulus failed, austerity next for US?
As many Americans continue to struggle with the economy worsening, is the United States' economy headed towards austerity measures? President Obama told Americans that we need to make broad sacrifice in order to correct the long term fiscal course. Joe Weisenthal says the most likely scenario is some kind of long term sacrifice, such as reducing the cost of Social Security or Medicare.
As many Americans continue to struggle with the economy worsening, is the United States' economy headed towards austerity measures? President Obama told Americans that we need to make broad sacrifice in order to correct the long term fiscal course. Joe Weisenthal says the most likely scenario is some kind of long term sacrifice, such as reducing the cost of Social Security or Medicare.
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