Put Off Badly Needed Budget Cuts? Austerity Doesn't Mean No Growth | Alan Reynolds | Cato Institute: Commentary

Put Off Badly Needed Budget Cuts? Austerity Doesn't Mean No Growth | Alan Reynolds | Cato Institute: Commentary: "If spending borrowed money is really as effective a 'stimulus' as they assume, why are countries with the biggest budget deficits doing so much worse than those with the smallest?"