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The economy (probably) can't survive a short dive into austerity crisis
Washington Post (blog) The CBO estimates that the full brunt of the policies add up to about $ 56 billion a month, which is a lot of money — about 4 percent of GDP — but should, in theory at least, do only modest damage to the economy if it lasted only a few weeks. One … The economy needs a 'unity Cabinet' Partisan fight over "fiscal cliff" will harm US economy: Reuters poll Forex focus: how will Obama deal with the US economy? |