11 February 2013

Why Is Washington Reducing the Deficit Instead of Creating Jobs?

December 7, 2012 | J. Mijin Cha
 
This Demos Explainer explores the tension between political support for deficit reduction versus job creation and economic security policies.

Most available research indicates a significant difference in priorities between the majority of Americans and the affluent that comprise the political donor class, which may explain the current bi-partisan drive for deficit reduction at the expense of stimulus policies, in spite of persistent high unemployment.
 

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