Quote of the week: Anne Applebaum
From The Washington Post: “‘Vicious cuts.’ ‘Savage cuts.’ The language that the British use to describe their new government’s spending reduction policy . . .
“‘Vicious cuts.’ ‘Savage cuts.’ The language that the British use to describe their new government’s spending reduction policy is apocalyptic in the extreme. And the British love it. Austerity is what made Britain great. [But] nobody is talking about ‘austerity’ in the United States. On the contrary, Republicans are still gunning for tax cuts, and Democrats are still advocating higher spending. Nostalgic Brits, longing to re-create their country’s finest hour, remember postwar scrimping and saving. Nostalgic Americans in search of their own country’s finest hour remember postwar abundance, the long consumer boom—and, yes, a time when even instant gratification wasn’t fast enough.”
Anne Applebaum in The Washington Post