Clinton: America’s Debt Problems ‘Can’t Be Solved’ With Austerity

Clinton: America’s Debt Problems ‘Can’t Be Solved’ With Austerity: Former president Bill Clinton urged House Democrats to avoid the push for immediate austerity at a party retreat in Virginia today, pointing to Europe’s failed deficit-cutting experiment that has led to further economic malaise instead of prosperity. The American economy, bolstered by a major stimulus bill in 2009, has slowly recovered from the Great Recession, [...]/p