(Newser) -
Volatile markets rule the headlines, but the imperiled nonfinancial economy is more worrisome, Paul Krugman writes in the New York Times . The way to get that rolling again, contrary to what John McCain said in Wednesday’s presidential debate, is to ignore the deficit and increase government spending. As retail sales plunge alongside industrial production, “all signs point to an economic slump that will be nasty, brutish—and long.”
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