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Politics : View from the Center and Left
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To: Bread Upon The Water who wrote (104346)2/16/2009 6:24:03 PM
From: Katelew  Read Replies (1) of 541990
 
Great point.

Krugman's weakness is looking to the past for answers instead of the facts on the ground. But he's slowly getting there. Today's article had the plaintive admission that consumer debt will have to be paid down, and this will take time.
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