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In his column this morning, Nobel Prize-winning economist Paul Krugman recalls the debate of 10 years ago over the wisdom of going to war in Iraq and how anyone who opposed the war was dismissed by the hawks as “a foolish hippie.”
Well, that was then, says Krugman, and THIS is now:
[A] very similar story has played out over the past three years, this time about economic policy. Back then, all the important people decided that an unrelated war was an appropriate response to a terrorist attack; three years ago, they all decided that fiscal austerity was the appropriate ...
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