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Fixing the Economy

CUNA's economists debate the merits of government stimulus vs. fiscal restraint.

By Bill Merrick
October 26, 2010
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KEYWORDS economy government spending confidence unemployment
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In 1932, John Maynard Keynes ignited a debate among economists and policy makers that still burns to this day. In a letter to the Times of London, Keynes proposed using federal deficit spending to reduce the length and severity of the Great Depression. Is that the best approach to tackle today's economic challenges?
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