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Move over, nerds. It’s the US politicians’ economy now.

It is better for both the economy and the democratic legitimacy of the effort when elected leaders choose to help people by spending money

March 10, 2021 / 05:02 PM IST
Move over, nerds. It’s the US politicians’ economy now.

Source: AP

Neil Irwin American political leaders have learned a few things in the past 12 years, since the nation was last trying to claw its way out of an economic hole. Among them: People like having money. Congress has the power to give it to them. In an economic crisis, budget deficits don’t have to be scary. And it is better for both the economy and the democratic legitimacy of the effort when elected leaders choose to help people by spending money,...

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