Tag Archives: U.S.A.

“Dwindling Deficit Disorder” ~ Paul Krugman.

national debt,us debt,debt,us national debt

  For three years and more, policy debate in Washington has been dominated by warnings about the dangers of budget deficits. A few lonely economists have tried from the beginning to point out that this fixation is all wrong, that deficit spending is actually appropriate in a depressed economy. But even though the deficit scolds have been wrong about everything

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