Thursday, February 07, 2013

Super Wealthy CEO Admits Spending Cuts Will Hurt The Economy, Wants Them To Happen Anyway

Super Wealthy CEO Admits Spending Cuts Will Hurt The Economy, Wants Them To Happen Anyway: pFor a hint of what austerity can do to an economy, one needs to look no further than Europe. And the U.S. is in for a dose of austerity of its own due to spending cuts under the so-called “sequester” that are scheduled to take place in March. Honeywell CEO David Cote — who is [...]/p

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