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James Galbraith “In Defense of Deficits” (thanks, Jayne Lyn Stahl)

March 5, 2010

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CAITLIN DOVER The Simpson-Bowles Commission, just established by the president, will no doubt deliver an attack on Social Security and Medicare dressed up in the sanctimonious rhetoric of deficit reduction. (Back in his salad days, former Senator Alan Simpson was a regular schemer to cut Social Security.) The Obama spending freeze is another symbolic sacrifice […]