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Tag: Expansionary Austerity


counsellor (CC-BY)

Krugman: Austerity Still Doesn’t Work

Is anyone in the Obama administration listening to Paul Krugman? Maybe, says the Nobel Prize-winning economist, but only at the end of a year in which political insistence on the need to reduce short-term deficits with spending cuts slid the economy and much of the American public further into ruin.

Posted on Dec 31, 2011 READ MORE


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