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Politicians traditionally fail to recognise recessions in time, and then take too long to enact stimulus.
ECONOMIST: The world economy
For the moment, fiscal policy seems unlikely to deliver the two things America needs most from it: near-term stimulus and long-term reform.
ECONOMIST: The jobs plan
And finally, they must design a fiscal plan than includes both short-term stimulus and real long-term deficit reduction.
FORBES: The Do-Nothing Fiscal Fix: Recipe for Recession
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