Monday 22 November 2010

Krugman attacks Simpson's plan

Krugman attacks Simpson's plan

http://www.nytimes.com/2010/11/22/opinion/22krugman.html

Bernanke begs for help: “a fiscal program that combines near-term measures to enhance growth with strong, confidence-inducing steps to reduce longer-term structural deficits.”

But

And on matters fiscal, the G.O.P. program is to do almost exactly the opposite of what Mr. Bernanke called for.

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