State Spending Cuts Kill Private Sector Jobs and Raise Unemployment
Posted by on August 08, 2011
States that cut spending in recession now worse off: study
States that made steep public spending cuts in the wake of the recession have seen weaker economic growth in the years since, according to a new policy brief from the Keystone Research Center.
Budget-cutting states have experienced rising unemployment, fewer new private sector jobs and weaker economic growth than the states that increased spending, according to the policy brief, which was based on research by the Washington D.C.-based Center for American Progress.
To view the policy brief, go here.
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