New York Times (June 29)
2010/ 07/ 01 by jd in Global News
The world is “now conducting a dangerous experiment.” An article by David Leonhardt compares current moves to cut government spending and raise taxes with what happened during the Great Depression, when the fragile recovery was upset. Though there are striking similarities, there is room to hope that “today’s situation is different enough to assure a different outcome.”
Tags: Government spending, Great Depression, Recovery, Tax
