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4 December 2024
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The economic argument is over -
Paul Krugman won

Lithuania’s former prime minister, Andrius Kubilius (left) is a staunch austerity advocate - for those who want to cut spending to reduce deficits and "restore confidence."

"Stimulus" spending, Paul Krugman (right) argues, would help reduce unemployment and prop up economic growth until the private sector heals itself and begins to spend again.

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