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New York Times (July 15)

2011/ 07/ 16 by jd in Global News

The U.S. keeps “blundering toward recession” and haggling over the debt limit is only part of the problem. The deficit is a serious, but not immediate, problem. “It can be solved over time, with spending cuts and tax increases, as the economy recovers.” The immediate problem is job creation. “It is time for the government to step up. If it doesn’t, the weakening economy is bound to become even weaker.”

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