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Alan Blinder: Stimulus Isn't a Dirty Word


Legions of construction workers remain unemployed while we drive our cars over pothole-laden roads. Does this make sense?. A debate now rages in Europe over whether fiscal austerity—that is, higher taxes and less spending—helps or hinders growth. That's progress of sorts. Not long ago, European policy makers seemed stuck on the notion that austerity promotes growth. Yes, we were supposed to

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Posted: June 25, 2012 Monday 07:25 PM