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They have a point: if poorer countries were forced to bring labour laws up to rich-country standards overnight, their exports would fall and their economies would be badly hurt.
ECONOMIST: Fifty years on | The
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Housing will not be hurt so badly, though its recovery will certainly be delayed by recession.
FORBES: How to Prepare For the Next Recession
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Medicaid's supporters worry that congressional budget writers will craft a budget that includes cuts, but that those cuts will be badly designed, will hurt the weakest most and will do nothing to deal with Medicaid's long-term mess.
ECONOMIST: Medicaid reform