Wednesday, January 23, 2008

How to Stop the Downturn

By JOSEPH E. STIGLITZPublished: January 23, 2008AMERICA’S economy is headed for a major slowdown. Whether there is a recession (two quarters of negative growth) is less important than the fact that the economy will operate well below its potential, and unemployment will grow. The country needs a stimulus, but anything we do will add to...

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