Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
The idea that we will be poorer in the long term because we did not increase employment during a cyclical economic downturn contradicts the mainstream assumption that an economic downturn represents a departure from a growth track, but if we allow market forces to function, they will return us to that growth track.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Thu Nov 3rd, 2011 at 10:28:01 AM EST
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