Nobel Prize-winning economist Paul Krugman said the government could borrow up to $5 trillion--if needed--to speed up a recovery from the recession. "We're not in a depression. But we are in a situation where the normal tools don't work and we're back to 1930s-type environment," Krugman said in an interview with ABC News. "Government spending is the only surefire way to create employment." |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.