You guys complain about the horrible spending of the EU, but they have gone full on with austerity, and look at their results.
We still have not hired on the millions who were fired from local govt cutbacks (the BIGGEST sector of job losses post 2007) so we have had a lowered level of austerity for going on 6 years.....and look at our very slow recovery.
But lets double down and see what happens. Do you want to make a bet on how this will turn out?
PS...you did notice that I had "full" in quotes, most economists recognize that @ 4% UE is "full".
Don't be like what you were trying to be.