Falling Into the Chasm

by news on October 26, 2010

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Falling Into The Chasm

Paul Krugman/NYTimes – But the truth is that if the economic situation were better — if unemployment had fallen substantially over the past year — we wouldn’t be having this discussion. We would, instead, be talking about modest Democratic losses, no more than is usual in midterm elections. The real story of this election, then, is that of an economic policy that failed to deliver. Why? Because it was greatly inadequate to the task.

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