Tuesday, August 2, 2011

They Genuinely Don't Care About The Economy

Kent Conrad is the Chair of the Senate Budget Committee. Sunday he said this:
On Sunday, after he'd been schooled by leaders on the automatic cuts that could make a debt deal possible, Senate Budget Committee Chairman Kent Conrad, D-N.D., talked to reporters. He was tight-lipped on the details but broadly optimistic about the bargain. There was one nagging question I wanted to ask: All the discretionary spending cuts in the plan—did they threaten to slow down growth, to drive up unemployment?

"Sure they do," he answered. "Now, what we don't know is: What will the offset be of improved certainty and confidence? And we'll just have to see."
Will austerity fuck up the economy? Maybe, says one of it's chief proponents.

They aren't blind to the facts, they just don't care.

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