Paul Krugman: Mugged by the Debt MoralizersQuicklink submitted by Sheila Samples Permalink
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|The irony is that in their determination to punish the undeserving, voters are punishing themselves: by rejecting fiscal stimulus and debt relief, they're perpetuating high unemployment. They are, in effect, cutting off their own jobs to spite their neighbors. But they don't know that. And because they don't, the slump will go on.|
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