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Alan Blinder: The Long and Short of Fiscal Policy
The economy is too shaky to go cold turkey. We need more stimulus now and deficit reduction later.
Can we talk about the federal budget deficit? Better yet, can we think about it? For there has been a lot more talking than thinking. One persistent point of confusion arises from the radically different macroeconomic effects of larger budget deficits in the short and long
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Posted: May 21, 2012 Monday 07:03 PM