Friday, August 19, 2011

Austerity Is the Wrong Idea - NYTimes.com

I wonder why we don't hear - "Those who can, spend!"? No one should spend beyond their means (imagine!), but millions of Americans can spend without exceding their means. Why are we not encouraging them to do so? Why force it all through government? It ought to be a multipronged (at least two - private and government) to get more money into the job-supporting economy, I think.

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