Entries by Stephen Levy

Stephen Levy

Stimulus Versus Austerity--A False Choice

By Stephen Levy, Jul 6, 2010 3:18 PM

I watched the Fareed Zakaria GPS show this morning. Paul Krugman argued that the U.S. economy needs more federal stimulus to help increase economic growth and reduce unemployment. Niall Ferguson, a Harvard history and business school professor and Hoover Institution fellow, argued that the priority today is to reduce high federal debt levels that could lead to high interest rates, inflation and lower long-term growth.


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