U.S. Could Enact More Austerity Than European Countries In 2013

U.S. Could Enact More Austerity Than European Countries In 2013: Had the United States gone fully over the so-called “fiscal cliff,” it would have enacted policies that led to more austerity than the European debt crisis has caused across the Atlantic. Congress averted much of the fiscal cliff this week, while punting other parts to deadlines later in the year, but even without a full [...]/p