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The U.S. recovery accelerates
The U.S. consumer is beginning to feel as though they will not lose their job next week, and that the cuts are done. As a result, spending is probably up this month. I am actually seeing long lines in...
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Risk Adjusted GDP growth and taxing the rich
Matt Y tackles a tough problem. Many economists believe that lower taxes on the rich increase economic growth by a few tenths of a percent. We do not have much solid empirical evidence for this, but...
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