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25 May

Military Spending Cuts Looming, Republican Rediscover Keynesianism

Military Spending Cuts Looming, Republican Rediscover KeynesianismSenator Harry Reid's threat to slash Pentagon spending has sparked a red hot streak of Republican Keynesianism. The economic theory advocating short-term public spending in a recession followed by boom time debt reduction is heretical in modern Republican parlance, but GOP lawmakers are making an exception when defense spending is at stake.  

Original post by The Atlantic Wire and software by Elliott Back



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