Not only is the United States slouching toward a double dip, but so is Europe. New data out today show even Europe’s strongest core economies – Germany, France, and the Netherlands – slowing to a crawl.
We’re on the cusp of a global recession.
Policy makers be warned: Austerity is the wrong…
Austerity doesn’t seem to be a winning policy…
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Time to go for New Deal 2 and rebuild all the highways.
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winning policy…
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