The Nightmare Scenario: How The U.S. Government Would Look Under An Austerity Budget

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As lending to sovereigns dreis up, the world is talking about austerity budgets.

For now though, despite sky-high debts, the US can borrow at ease

But what would the United States look like under one?

The Irish have instituted a wide ranging austerity budget that has cut everywhere in order to bring the country’s debt as a percentage of GDP back into line with Euro requirements.

So let’s imagine for a moment…

Who would get killed in a US austerity budget >

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