Monday, June 27, 2011

CHART: States That Cut The Most Spending Have Lost The Most Jobs

CHART: States That Cut The Most Spending Have Lost The Most Jobs: "pOur guest blogger is Adam Hersh, an economist at the Center for American Progress Action Fund. There’s a new cult of economic thought sweeping the nation — or at least many Republican (and even some Democratic) political circles. Its adherents cling to the erroneous belief that sharp government spending cuts will revitalize economic growth and [...]/p"