Austerity doesn't work in the United States of America either.
For example, take a look at the state of Wisconsin. Gov. Scott
Walker has cut out collective bargaining for unions and has cut
state jobs in the public arena, such as police officers,
firefighters, and teachers. The strategy that Gov. Walker is
using is actually a form of austerity. Giving tax cuts to the
wealthy by being harsh to the middle class and to the lower
class is austere. Gov. Walker claimed that this type of economic
philosophy would allow for job creators within the state of
Wisconsin to lower the unemployment rate even further. However,
in one and a half years in office, Wisconsin has become the
worst state in records to employment. Over the past year,
Wisconsin lost the most jobs out of any state. They were even
worse than Illinois and California, states that are virtually
bankrupt. Wisconsin voters were duped because they did not
recognize that Gov. Walker's economic plans were actually
austerity. If austerity doesn't work in Europe