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Krugman: We Could Be At 7% Unemployment Right Now

Conservatives have long sought to condemn the Recovery Act by claiming it failed to prevent unemployment from going higher than 8% as the White House projected. This is silly because the White House projection was made in January 2009, and unemployment lept to 8.3% in...

A Budget Narrative for Mitt Romney's America

It seems like just yesterday Mitt Romney released his 59-page "plan for jobs and economic growth." That's because it practically was just yesterday. Romney released "Believe in America: Mitt Romney's Plan for Jobs and Economic Growth," around the beginning of...

Budget Hell a Figment of Zealots’ Imagination

Originally posted at Capital Gains and Gains. At least since I’ve been an adult, I’ve never believed in heaven or hell. Despite all of the fire-and-brimstone warnings and thunderous sermons about the need to avoid eternal damnation by behaving a certain way, I can’t...

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