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Exercise Fiscal Responsibility

A government should always be able to use its tax and spending policy to fight short-term economic difficulties

By Dean Baker and Heather Boushey

The United States has just been through a quarter-century of economic mismanagement. It is important to keep this fact in mind when considering the budget priorities for the next Kerry administration (we hope), because the economy may intervene in ways that force a reconsideration of the best-laid plans. Put simply, the large budget deficits of the Reagan administrations and the current… return to article

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