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Republican policies in the Laboratory
In 2010 Europe adopted the general Republican economic view—responding to a demand-crisis with high unemployment by cutting government and fretting about inflation.
The eurozone promptly entered a double-dip recession which is expected to get worse going forward.
http://ftalphaville.ft.com/blog/2012/05/02/983801/core-infection-and-eurozone-pmis/
Repeating this experiment in America is a Republican campaign promise.
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