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MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.

US in a depression

Posted by WARREN MOSLER on January 12th, 2010


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America slides deeper into depression as Wall Street revels

Agreed.

Sad part is it can all be reversed with a few simple spread sheet entries. A full payroll tax holiday and per capita revenue distributions to the states to restore demand, output, and employment


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