National Catholic Reporter

The Independent News Source

Editorial

For the sake of unity, compromise

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“One of the last presidents to balance the budget was Herbert Hoover.” Thus did Republican Congressman Peter King of New York warn his fellow Republicans that their current fixation on cutting government spending and balancing the federal budget might not be an economic winner for the country or a political winner for them.

Austerity plans have failed in every country they have been tried. During tough economic times, it is bad policy to shrink the government sector. It is even worse policy to allow the mindless “sequester” cuts to begin to take hold.

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August 29-September 11, 2014

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