Austerity=Unemployment

During the past election, Mitt Romney and his buddy, Paul
Ryan told the American people there was only one way to end the recession. Their solution was to reduce government expenditures by one trillion dollars, fire thousands of people and raise the unemployment rate. The European Zone has witnessed such an approach. Governments are firing, reducing expenditures, and the result is –an ELEVEN PERCENT UNEMPLOYMENT RATE THROUGHOUT THE ENTIRE ZONE. Yes, Mitt, someone in the world accepts your economic thinking and it is working, just as you promised.

More people are unemployed, wages are going down due to so many seeking work, and the wealthy get off without any pain.