What happened to stimulus vs. austerity?

So much for Winning the Future. The principal economic policy problem that Washington needs to address is not growing wage competition from China and India. Policymakers should instead solve the long-run fiscal problems of the U.S. federal and State governments.

Stimulus lost the debate. Austerity won. And Winning the Future is a diversion.


via What happened to stimulus vs. austerity?.


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