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England Reveals the Republican Path to Prosperity to be a Highway to Hell

Samantha 2012/04/29 14:42:36
When politicians predict and promise their agenda will produce a particular outcome without a basis in fact or historical data to back up their claim, voters have little choice but to take their word on faith as a visionary, or assume they are lying to win an election. No human being has the power of prophecy to describe precisely conditioned future events, but Republicans promise that without doubt, their economic agenda is a path to prosperity for all Americans the country can ill-afford to pass up. The definition of prosperity is “the condition of being successful or thriving,” and especially “denotes economic well-being, opulence, and wealth” that should portend the Republican promise is either a gross exaggeration or a blatant lie to entice voters to support their agenda.

However, there is at least one example of a wealthy nation that enacted severe austerity measures after the great world recession, and instead of economic growth, full employment, and a population of millionaires, there is double-dip inflation, economic retardation, and a recession matching 2008’s economic disaster.

In England, the austerity measures enacted by conservative Prime Minister David Cameron should serve as a cautionary tale of the dangers of drastic cuts to the public sector at a time when private sector job growth is lagging. The English model that produced double-dip inflation and zero-to-no economic growth is a prime example of the real-world consequences severe austerity measures produce as opposed to stimulating the economy. The English problem settles the argument for harsh austerity measures because where Cameron practiced austerity, President Obama did not and as a result, England is back in recession and America is experiencing economic growth. England’s economic woes are a living, breathing example of the disastrous effects of implementing radical austerity during an economic downturn that was predicted by nearly every financial expert on the face of the planet, and instead of learning from England’s mistake, Willard Romney promises to repeat them in America.

Read More: http://www.politicususa.com/england-gop-austerity....

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  • Doreen 2012/04/29 19:41:26
    Doreen
    "England is in recession and America is experiencing economic growth". From where I stand ( my own situation ) and many others who I know and have talked to have seen absolutely no economic growth. Jobs are still declining, pay is still getting cut, businesses are still shutting down, and hours are still getting cut. While prices for gas keep going up, prices for all food keeps going up, prices for electricity keep going up, prices for water keep going up, and prices for anything NEEDED for daily life is going up. If one thinks that we are having economic growth they are in a financial situation where they do not notice the TRUTH. It does not or will not matter who is president because this will continue because these people in government have not ever been or will ever be in the financial bracket to see the truth and what they are doing to those who are in that financial bracket.
  • Samantha Doreen 2012/05/01 22:37:12
    Samantha
    Our economy is growing.
  • Doreen Samantha 2012/05/02 02:29:32
    Doreen
    You are obviously in one of those good financial brackets.
  • Samantha Doreen 2012/05/02 20:39:21
    Samantha
    I'm a college student and, when I'm 25, I will no doubt be in one of those good financial brackets. However, my worldview won't change because I have more money.
  • Doreen Samantha 2012/05/02 21:20:10
    Doreen
    Then you obviously will never see the truth of the working class who are living the truth of what is really happening to the economy. When the working class are still getting laid off by the thousands and prices keep skyrocketing and any type of help to get back on their feet is going away little by little and the jobs that are available do not even pay near to half of what they earned before is proof enough that the economy is not getting better.
  • Samantha Doreen 2012/05/03 23:15:45
    Samantha
    Who's responsible for the layoffs of U.S. workers? Not President Obama. You could, of course, blame Romney for some due to his connection with Bain Capital. More and more jobs are being added.
  • Doreen Samantha 2012/05/06 21:14:13
    Doreen
    I do not blame any one person because that would be stupid. It is the entire system. So maybe there are a few new jobs but as I said they do not pay near as well enough to bring people out of poverty and there are in no way near enough of those jobs to make a significant difference. There are more jobs going away then there are being made which again does not help.
  • Jimbo 2012/04/29 16:52:28
    Jimbo
    +1
    A dry well needs to be primed.
  • sockpuppet 2012/04/29 15:35:16
    sockpuppet
    Poppycock. :O)

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