350 Economists Reject Austerity Measures
A group of 350 prominent economists, including economic experts from the AFL-CIO, issued a joint statement warning that the type of austerity measures favored by Republicans and suggested by the bipartisan commission, led by Erskine Bowles and Alan Simpson, would further harm the economy and weaken the social safety net that millions of working families rely upon. They argue that the seemingly obsessive focus on the deficit obscures what the country really needs to focus on—creating jobs.
