tag:blogger.com,1999:blog-6616959642391988608.post178430136972327766..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Slow progress on the new jobs frontScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6616959642391988608.post-71907536071112012852011-03-31T06:44:18.266-07:002011-03-31T06:44:18.266-07:00Question is will the American people revolt when i...Question is will the American people revolt when it becomes necessary to make draconian cuts?<br /><br />Who's fault is this and who should pay?Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-41139566469176418652011-03-30T21:35:47.346-07:002011-03-30T21:35:47.346-07:00If Congress fails to pass austerity measures this ...If Congress fails to pass austerity measures this year (i.e., spending cuts), then the only remaining courses of action are default or inflation -- of course, the Congress will not allow a default to occur -- thus, inflation will be the outcome should Congress fail to enact meaningful reductions this year (and the next year, and the year after, and the year after that)...McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.com