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If America's economy falls into a long slump, then of course politicians should grasp the fiscal lever.
ECONOMIST: America's economy
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The best fiscal lever to pump growth is a combined federal tax burden--income, capital gains, dividends, corporate, estate, etc.
FORBES: Books for Obama
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For the moment, though, monetary policy is causing less controversy than the other macroeconomic lever, fiscal policy.
ECONOMIST: The economy