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Austerity: A Virtue That Could Have Us Paying Twice
European governments, including France, Germany and Great Britain, are looking at austerity measures to help battle the current financial crisis. The moves have sparked protests across the continent. While it might seem like common sense to tighten a country's belt in hard economic times, one expert warns that the U.S. shouldn't follow suit.
βhttps://www.npr.org/2010/10/24/130791197/austerity-a-virtue-that-could-have-us-paying-twice
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