Monday, August 16, 2010

Compare and contrast

Shorter sane economic analysis from Paul Krugman:

Canada's economy did well through the recession because it hadn't given in to corporate demands to eliminate regulation and fiscal independence. But that's no reason to get complacent, especially when there's real risk of a housing bubble deflating.

Shorter something else entirely from Neil Reynolds:

Sweet! Deflation is just one more excuse for tax giveaways to the rich!

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