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Thursday, January 24, 2008

Flushing good money after bad

With the U.S. supposedly teetering on the edge of recession, Congress is preparing an "economic stimulus" package to [help prevent recession/slow the progress toward recession/make the recession less severe]. Unfortunately, Paul Krugman (economist) notes that most of the stimulus isn't going to those who will actually spend it. Which makes it a pretty expensive ($150 billion) "not much of a stimulus" package.

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