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St. Croix’s Warren Mosler questions ‘tea party’ push for drastic spending cuts

 warren mosler

“Tea party” activists are exhibiting a fervor for budget cuts not seen in years, pushing to slash everything from Social Security to unemployment benefits in their drive to cut the burgeoning federal debt. But while applauding their budget-cutting zeal, economists are divided over whether their prescription is good medicine for a weak economy. Some say it’s…

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The Author

John McCarthy

John McCarthy

John McCarthy is primarily known for his investigative reporting on the U.S. Virgin Islands. A series of reports beginning in the 1990's revealed that there was everything from coliform bacteria to Cryptosporidium in locally-bottled St. Croix drinking water, according to a then-unpublished University of the Virgin Islands sampling. Another report, following Hurricane Hugo in 1989, cited a Federal Emergency Management Agency (FEMA) confidential overview that said that over 40 percent of the U.S. Virgin Islands public lives below the poverty line. The Virgin Islands Free Press is the only Caribbean news source to regularly incorporate the findings of U.S. Freedom of Information Act requests. John's articles have appeared in the BVI Beacon, St. Croix Avis, San Juan Star and Virgin Islands Daily News. He is the former news director of WSVI-TV Channel 8 on St. Croix.

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