From the National Review. Estonia is booming and Britain is not and there are graphs to show how each tackled their economic problems. Unfortunately the U.S. seems to be following the path of Britain.
The British government’s austerity policy has entailed increasing taxes
from the pre-austerity level, while continuing to increase government
spending, too. Meanwhile, Estonia has tried to close its budget gap by
defining austerity as cutting government largesse. U.K. politicians seem
to believe that austerity applies only to the private sector, while
their Estonian counterparts believe it applies to both firms and state
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