Why framing the wrong problem killed the summer of recovery

“Unfortunately the lessons of Germany and the lessons of the 1930s have been lost in the inflated rhetoric of this debate. In the U.S. “austerity” has come to mean letting the Bush tax cuts expire. And further stimulus has come to mean a series of modest one-off quick fix jolts to encourage job formation. Cast in those terms its no wonder that U.S. voters seem to prefer none of the above.”
Via Forbes

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