Economy: Economic News, Policy & Analysis - The Washington Post: What lessons should the U.S. draw from Europe’s debacle?

Economy: Economic News, Policy & Analysis - The Washington Post
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What lessons should the U.S. draw from Europe's debacle?
May 5th 2012, 00:42

Europe is a mess. But it's a peculiar mess that both the left and the right think validates everything they've been saying about what we should — and shouldn't — do here in the United States.

"The right argues we have to cut deficits now, or we'll be like Greece," says Tom Gallagher, a principal at the Scowcroft Group. "The left argues we can't cut deficits now, or we'll be like Europe."

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