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Don't Believe Me -- Believe Goldman Sachs

Posted Feb 24 2011 3:56pm
Don't even believe Treasury Secretary Tim Geithner when he says the GOP budget cuts would cost jobs .

Now, no less an authority than Goldman Sachs -- not exactly a paragon of progressive politics -- says the GOP budget cuts would do real harm to the economy .

Then again, Goldman Sachs has had its own problems.

But still, how come we can't find any economists who think slashing the budget just for the sake of slashing the budget, without principled policy-based reductions, will be good for the economy? Jennifer
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