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debt reduction

Dumbing Deficits Down

by macromikeApril 18, 2011

A recent article in the New York Times by Paul Krugman has received thousands of responses.   The author’s argument is that “… the nation is not, in fact, “broke.”  The federal government is having no trouble raising money, and the price of that money – the interest rate on federal borrowing – is very low [...]

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