Austerity is just around the corner

Contracting our economy away from prosperity is what the teabaggers want. They'd rather have more of a shrinking pie than to have ... more.

Now international economists are joining them in opposition to economic stimulus:

[T]he conventional wisdom now is that these countries must nonetheless cut — not because the markets are currently demanding it, not because it will make any noticeable difference to their long-run fiscal prospects, but because we think that the markets might demand it (even though they shouldn’t) sometime in the future.