Trumka: Austerity Only Weakens the Economy
Calling sequestration “just a fancy word for a dumb idea,” AFL-CIO President Richard Trumka says the 750,000 job-killing, across-the-board budget cuts and other moves toward fiscal austerity will “further weaken the economy and cost jobs” and make even worse “the crisis of mass unemployment. Millions of Americans who want to work cannot find jobs.”
Writing in a special report in The Hill on jobs and the economy, Trumka says:
On some days, it seems like all of official Washington is racing to embrace the most destructive consensus since the Iraq war.
