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Don’t Blame Weak Recovery on State and Local Spending Cuts

As the economic recovery has remained weak well into its fourth year, some Washington policy makers have increasingly been blaming cuts in government spending, with much of their finger pointing at state and local governments where purchases of goods and services have slowed or declined. For example, in a speech last February Janet Yellen blamed [...] View the full post at: Don’t Blame Weak Recovery on State and Local Spending Cuts Related posts: The State and Local Hole OECD: U.S. Contraction is Slowing But the Ensuing Recovery Will Be Weak BerkShares, Buckaroos, and Bear Dollars: What Makes a Local Currency Tick?
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