Talking about Crowding in – Paul Krugman Blog – NYTimes.com

 

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Crowding in – Paul Krugman Blog – NYTimes.com
I’m at two deficit conferences Wednesday — CAP in the morning, on what to do about the deficit, EPI in the afternoon, about why we need to run deficits now. I’m trying to organize my thoughts; in this post I’ll talk about the EPI issue, in the next the CAP issue. So let me start with a picture, which I’ll leave hanging for a moment

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