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Archive Home > 2013 > January > 06 > In ‘fiscal cliff’ deal, an austerity path akin to Europe’s

In ‘fiscal cliff’ deal, an austerity path akin to Europe’s

By Brad Plumer / The Bulletin
January 6, 2013

Economists such as Paul Krugman for years have been criticizing countries in Europe for engaging in too much austerity during the downturn — that is, enacting tax increases and spending cuts while their economies were still weak.

But after last week’s “fiscal cliff" deal, the United States....

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