Friday, April 15, 2011

American Conservatives aren't the same as European Conservatives.

“It’s hard to cut taxes and lower the deficit — that is why personal tax cuts can’t be justified,” said Patrick Nolan, chief economist at Reform, a right-of-center research organization based here.
In Britain, one year into its own controversial austerity program to plug a gaping fiscal hole...the early returns are less than promising [with] retail sales [down] 3.5 percent in March, the sharpest monthly downturn in Britain in 15 years.
NYT - "Pain of British Fiscal Cuts Could Inform U.S. Debate"

It should give pause to American conservatives, to actually stop and listen to others.


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