[lbo-talk] termitude

Michael Pollak mpollak at panix.com
Thu Jan 28 11:22:13 PST 2010


On Wed, 27 Jan 2010, Doug Henwood wrote:


> Also, as Goldman Sachs (!) points out, a fiscal tightening of 1.5-2.5% of GDP
> is baked in over the next few years even without policy changes.

Where exactly is that baked? That's enormous.

Michael



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