Tuesday, May 14, 2013

Eric Dolan — Economist: Deficits nothing but a politically useful hammer to beat up Obama

Economist: Deficits nothing but a politically useful hammer to beat up Obama (via Raw Story )
University of Massachusetts economist Richard Wolff on Tuesday explained that obsession over the federal deficit was based in politics, not economics. Wolff said on the David Pakman Show that the government could not improve a struggling economy by cutting its spending. As the single biggest consumer…


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