Richard Eskow: Dear Simpson-Bowles Austerity Gang: Go Home (and Take the Sequester With You)

Simpson and Bowles, those two hired pitchmen for budget-cutting hysteria, are still hawking an economy-killing product called “austerity economics,” a product that’s designed to benefit their wealthy patrons at everybody else’s expense.  This philosophy provides some (very thin) intellectual cover for the Republicans’ lunatic bloodbath of spending cuts.

Of course, Simpson and Bowles and austerity’s other sales people aren’t really economic thinkers. They’re paid to pitch a product. They didn’t invent austerity any more than Alex Rodriguez invented Pepsi.