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Paul Krugman: Depression and Democracy

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On the political as on the economic front it's important not to fall into the "not as bad as" trap. High unemployment isn't O.K. just because it hasn't hit 1933 levels; ominous political trends shouldn't be dismissed just because there's no Hitler in sight.

Read the rest of the story HERE:

At www.nytimes.com

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My comment re Krugman's serious column about Depre... by Alan MacDonald on Sunday, Dec 18, 2011 at 4:07:08 PM