"Spend now, while the economy remains depressed; save later, once it has recovered. How hard is that to understand?
Very hard, if the current state of political debate is any indication. All around the world, politicians seem determined to do the reverse. They’re eager to shortchange the economy when it needs help, even as they balk at dealing with long-run budget problems." - Paul KrugmanPaul Krugman again begs Congress to understand that cutting the deficit during a recession only extends the recession & ultimately makes the deficit harder to cut. The "anti-stimulus" feelings during an election year only highlight how weak politicians really are.
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