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Archive for June 13th, 2015

Rip the Bandages Off Faster

Saturday June 13th, 2015   •   Posted by Craig Eyermann at 10:58am PDT   •   1 Comment

After a government gets into trouble for racking up unsustainable levels of debt, how fast should it go about restoring its fiscal credibility? Should it seek to lessen its fiscal “pain” by spreading out spending cuts over a long period of time, or should it, in effect, rip the bandages off as quickly as…
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