The Internet Times Supplement

Budgetary Cutbacks

In Business & Finance on June 22, 2010 at 12:28 pm

There is an interesting article in the New York Times regarding the proposed budgetary cutbacks being implemented “out of necessity” by governments hit by the fiscal irresponsibility of banks and … err… governments. Due to the level of incompetence so admirably shown, there is an (apparent) need to punish us all with a series of harsh restrictions in social spending, pensions, and so on.

This article disputes the idea and very admirable demonstrates why there should NOT be cuts… here.


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