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U.S. Headed for European Levels of Austerity in 2013
http://www.darkgovernment.com/
For years now, economists like Paul Krugman have been criticizing countries in
Europe for engaging in too much austerity during the downturn — that is,
enacting tax increases and spending cuts while their economies were still weak.
But after this week’s fiscal cliff deal, the United States is now on pace to
engage in about as much fiscal [...]
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