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Paul Krugman: 1938 in 2010

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It turns out that politicians and economists alike have spent decades unlearning the lessons of the 1930s, and are determined to repeat all the old mistakes. And it's slightly sickening to realize that the big winners in the midterm elections are likely to be the very people who first got us into this mess, then did everything in their power to block action to get us out.

Read the rest of the story HERE:

At www.nytimes.com

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