5 Charts Show the U.S. Has No Debt Crisis
"The drastic reductions in state and local government spending fueled not just the direct loss of 737,000 public sector jobs by this summer, but constituted a major drag on the private sector economy as well. All told, the Economic Policy Institute estimates, austerity policies cost the American people 3 million jobs.
All of which is why the GOP must end the its hostage-taking of the federal government and the American economy once and for all. The numbers are clear. The U.S. does not have a debt crisis, but a jobs crisis. We've already cut enough spending for the time being. That's why Republicans should end their government shutdown"
