Oct 17, 2008

Shooting down deficit hawks

With the economy now firmly in the shitter, people like to talk a lot about "tightening belts." Tightening belts and reining in spending are good if you're managing your household budget, but don't believe the hype that cutting government spending during an economic downturn is necessary or good. It's not.

Check out Nobel Prize winner Paul Krugman's op-ed today on the subject.

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