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Yes, and as Krugman reminded us, the US does fiscal transfers.
by afew (afew(a in a circle)eurotrib_dot_com) on Tue Jan 25th, 2011 at 08:30:36 AM EST
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And Germany within itself.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman
by Migeru (migeru at eurotrib dot com) on Tue Jan 25th, 2011 at 08:54:45 AM EST
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