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300+ economists agree that deep budget cuts would hurt the U.S. economy

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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-01-11 06:06 PM
Original message
300+ economists agree that deep budget cuts would hurt the U.S. economy
http://www.washingtonmonthly.com/archives/individual/2011_03/028237.php

More than 300 economists, including some Nobel Laureates, agree that deep budget cuts would hurt the U.S. economy. They're right.


This is a .pdf...
http://www.americanprogressaction.org/issues/2011/03/pdf/public_investment_letter.pdf
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fittosurvive Donating Member (538 posts) Send PM | Profile | Ignore Tue Mar-01-11 06:26 PM
Response to Original message
1. Deep cuts, shallow cuts or no cuts--it doesn't matter.
...the US economy is in trouble.
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wellst0nev0ter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-01-11 06:28 PM
Response to Original message
2. All According To Plan
What better way to evict that Kenyan out of the White House than to blame him for the economy?
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-01-11 06:31 PM
Response to Reply #2
3. Except he's not the one insisting on the cuts, the rethugs are. nt
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wellst0nev0ter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-01-11 08:25 PM
Response to Reply #3
4. Doesn't Matter, The Gullibles Will Believe It's ALL The Fault Of The Kenyan
They'll say they were forced to cut because the Kenyan destroyed the economy, and they will buy it hook, line and sinker.
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tallahasseedem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-01-11 08:36 PM
Response to Original message
5. The real question...
is what do the FOX economists believe? Those will be the only opinions that the Republicans will believe.
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old mark Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-02-11 05:09 AM
Response to Original message
6. K&R-But the republicans are not interested in that stuff-God Hates Facts!
They just want more anger and blame and hard times...till the election in 2012.

They have no concern for the American people except as potential voters.

mark
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quaker bill Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-02-11 06:46 AM
Response to Original message
7. They speak of "shared sacrifice"
But until they impose a surtax on the wealthy Wall Street profiteers, the sacrifice they request is not truly "shared". Yes, this will hurt economic growth and combined with a surge in oil prices, could well produce the double dip. This is what happens when Republicans are placed in charge.
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