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I'm not seeing an employer and investor of last resort who is definitionally solvent and prepared to carry out unlimited and unrestricted spending in the service of full capacity utilization.

Which means it won't solve the problem.

- Jake

Austerity can only be implemented in the shadow of a concentration camp.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Jun 9th, 2012 at 09:09:29 AM EST
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