Cutting spending during an economic downturn

“It’s not a good idea to cut spending during an economic downturn” is the prevailing view from the left. Well what if you were in Greece or Ireland and nobody woul lend you money anymore? They were clearly in a downturn and they had to either cut spending or experience chaos. It is a very inconvenient time for them to cut their spending but they no longer had a choice. They either had to cut spending or go bankrupt.

At that same time our voters are saying “don’t cut my Medicare, don’t cut my Social Security. Don’t tax you, don’t tax me, tax that guy behind the tree.” Time to make the cuts we need to make!