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Seattle Times letters to the editor

Topic: 1 percent

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May 1, 2013 at 7:06 AM

Why the 1 percent prefers austerity

If the government has to borrow, there will be no gain Paul Krugman’s pessimistic view of austerity would be laughable if it weren’t so pathetic in its attempts to mislead the public about government spending [“The elite’s preference for austerity,” Opinion, April 27]. Keynesian economic theory was tried exclusively in the Obama administration’s first term to no…

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