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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (133518)	4/24/2013 3:59:55 PM
From: Road Walker	Respond to of 149317

So the empirical evidence increasingly favored the Nobel-prize winning Paul Krugman and the other economists and politicians arguing that governments could continue to spend aggressively until economic health was restored. I said way back when the implosion started, that the whole thing would be a grand experiment by the Obama (and we have to admit) the Bush administrations. Although the final chapter hasn't gone to print, it looks like the way this was handled will be the model for the future. Every other historical case of bank implosions has resulted in a depression and massive suffering... not this time. Now managing the recovery is the tricky part...