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Incredible Shrinking Stimulus Needs Part II

Local government cuts are canceling out federal package

By Rob Quinn,  Newser Staff

Posted Dec 3, 2009 3:32 AM CST

(Newser) – The American economy badly needs a second stimulus package, but the false belief that the government has already stimulated the economy to the tune of $787 billion is standing in the way, writes Harold Meyerson. When deferred spending and the effect of state and local...   Read full story »

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