Sunday, December 9, 2012

Why is Washington Reducing the deficit instead of Creating Jobs?

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http://www.demos.org/sites/default/files/publications/Deficit-ReductionExplainer_Demos.pdf

This Dēmos Explainer explores the tension
between political support for deficit re-
duction versus job creation and economic
security policies. Most available research
indicates a significant difference in priorities be-
tween the majority of Americans and the affluent
that comprise the political donor class, which may
explain the current bi-partisan drive for deficit
reduction at the expense of stimulus policies, in
spite of persistent high unemployment. 

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