The Age Of Austerity May Be Introduced in America After 2012 Elections

Many liberals have suggested that the failure of the supercommittee may be a good thing. If it fails the Bush tax cuts expire and there is a an automatic cut in the defense budget. This article looks at the situation that might occur if the supercommittee fails and the GOP sweeps the 2012 elections. Polls show that the GOP is favored to win the House, Senate and the Presidency. The odds of a sweep are less that 50/50 but the GOP would be in a strong position to implement their game plan. The method that they might use is outlined in this article. The author of the article has written a book on the Age of Austerity which would be the consequence of a GOP sweep.