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November 1, 2010
Paul Krugman: Mugged by the Debt Moralizers
By Sheila Samples
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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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.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.