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View Diary: Austerity cost U.S. up to 2.2 million jobs in weakest recovery since WWII (64 comments)

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  •  The stimulus was insufficient. It did work, for a (0+ / 0-)

    bit, but the President's own council recommended he ask for $1.8T. He settled for about $800B trying to be "practical." Practical would have been asking for $3T and getting it whittled down to what we objectively needed.

    Velocity of money matters.

    The real fix, of course, was to jail organized crime, calling itself Banking. Nationalize the banks after forcing them to do real books, which would show them insolvent (they still are), and rebuilding from there.


    Actual Democrats is the surest, quickest, route to More Democrats

    by Jim P on Sun May 05, 2013 at 01:41:51 PM PDT

    [ Parent ]

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