GRITtv: Dean Baker; Budget cuts are the real Job Killers
source: http://blip.tv/file/4776065?utm_source=player_embedded
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People who want to see the budget cut are people who are advocating throwing people out of work, it's that simple," says Dean Baker of the pressure from conservatives on Obama's budget--pressure, it appears, that Obama is conceding to as he brags that discretionary spending will be the lowest since Eisenhower's administration. So Obama's budget includes cuts to infrastructure, education, and more, and for Republicans, that's still not enough. Dean joins us from D.C. via Skype to talk about what the president should be arguing as the budget fight heats up.
Cutting the budget did not work in 1938 as the RIPublicans pushed then, and the country fell back into a recession. Government spending is the driver of the economy when corporations refuse to part with their profits during slow economic times.
Cutting the budget did not work in 1938 as the RIPublicans pushed then, and the country fell back into a recession. Government spending is the driver of the economy when corporations refuse to part with their profits during slow economic times.
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- groups:
- Community
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- tags:
- Jobs, budget cuts, Budget Deficit, job creation
