Friday, February 17, 2012

Reversing Local Austerity by Krugman

In Ryan Lizza's article about Obama's mishandling of the economy - by listening to the advice of Orszag, Emanuel, Plouffe, Geithner/Bernanke, the VSPs - he linked to Summers famous 2008 memo. The memo says somewhere - but I can't find it - that the most effective part of the Bush 2003 stimulus package was aid to the states.

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