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New York Times (February 7)

2010/ 02/ 07 by jd in Global News

Governments around the world are caught between a rock and a hard place. Economies are fragile and budget deficits imposing. In the U.S., stimulus programs are easy targets for critics crying fiscal irresponsibility. The New York Times is strongly in favor of increased spending. “At a time of high unemployment and fragile growth, the last thing the government should do is to slash spending. That will only drive the economy into deeper trouble.”