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Keynesians Wrong on Sequester Just Like Stimulus

mises.ca / Robert P. Murphy / Saturday, January 4th, 2014

It is well known that the Christina Romer / Jared Bernstein report, issued in January 2009 when Obama first came into office, got things exactly backwards. At the time, unemployment in the U.S. was 7 percent and change. Romer, who was the Chair of the [...]