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Sunday, November 14, 2010

The Election

The financial backers of the Republican Party have, with their financial support, just made a down-payment on the kind of government they want.

For that government to succeed they will have to invest ten times that amount in hiring 400,000 new employees in the US. This will begin a virtuous cycle of new employment leading to more consumption and then to even more employment in the US.

That is how their stimulus will have to work and if it works they will reap the country's gratitude.

Sent to the New York Times

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