Where Your Dreams Become Reality
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Subject: RE: Paul Krugman Tell U.S. to Get Off Its Ass and Implement a Decent Stimulus Program
read up on japan.
With all due respect to Dr Krugman, Japan has been mired in a slow growth period for over 20 years, and in the process has taken their debt to GDP ratio to 2.2x (ours is something like .85x)
Sorry, the "more cowbell" explanation doesn't wash anymore.
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