Take Two

News and culture through the lens of Southern California. Hosted by Alex Cohen & A Martínez

Is the US entering its own era of austerity?

by Take Two

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The US Capitol building JEWEL SAMAD/AFP/Getty Images

Economists and policymakers have for years shirked the austerity measures deployed by Europe to deal with the recession. But now the U.S. is making the same type of spending cuts in a weak economy that European leaders are now distancing themselves from.

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