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Re: Re: RE: Keynes on "sinking funds"



Jim Devine wrote:

Is it really true that most macroeconomists in Washington are now
rejecting the fiscal austerity of PK and the DLC? ("PK & the DLC"
sounds like a rock group.)

Dunno about Washington, but Wall Street is. Goldman Sachs is talking about the need to forget the surplus for now and stimulate.

Doug




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