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Politics : View from the Center and Left
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To: Steve Lokness who wrote (126806)12/9/2009 6:13:07 PM
From: KyrosL  Read Replies (1) of 540985
 
I understand. Just wanted to clear up this one point about European budgets. They are not running as high deficits as us on the average yet, but their government budgets as a percent of GDP are already considerably higher than ours. I am sure Krugman would have loved for the US to have European style budgets -- even without the stimulus.
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