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Politics : The Castle
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To: tejek who wrote (6446)7/20/2012 12:49:44 PM
From: TimF1 Recommendation   of 7936
 
The EURO gov'ts whether you choose to recognize it or not have cut back spending.

As a matter of objective fact the majority of them have not. Revenue is down but also spending is up. I'd show you the data, but I've already done that. I showed you the facts, you don't like the facts so you pretend they don't exist.

You are from the Austrian school of economics..........the fact that Austria traditionally has one of the weakest economies in Europe should tell you something.

I respect a lot of what they say, but I wouldn't say I specifically follow one school.

In any case Austria's government certainly doesn't follow "Austrian" economic policy. Keynes holds more sway than Menger, von Mises, and Hayek. Just because some people who helped developed an economic school of thought came from a certain country doesn't mean that country follows that economic school's ideas when setting policy.
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