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Paul Krugman: The Optimism Cure

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As many people have noticed, Mr. Romney's five-point "economic plan" is very nearly substance-free. It vaguely suggests that he will pursue the same goals Republicans always pursue -- weaker environmental protection, lower taxes on the wealthy. But it offers neither specifics nor any indication why returning to George W. Bush's policies would cure a slump that began on Mr. Bush's watch.

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