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Archive for August 3rd, 2011

Who Won the Debt Debate? The Economy Still Lost

Wednesday August 3rd, 2011   •   Posted by Stephanie Freedman at 9:39am PDT   •   0 Comments

The Economist had a thing or two to say about the debt deal that was reached this week. The article “Nuts and bolts” asserts: As for long-term fiscal consolidation, the deal also falls short. Total deficit reduction of $2.4 trillion is less than the $4 trillion that bipartisan groups and political leaders had more…
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