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A Trap in Obama’s Spending Plan
Sun, 12/21/2008 - 16:40 — dgraves@progres...
As the recession deepens, President-elect Barack Obama is gearing up to spend hundreds of billions of dollars on public investment projects, counting on them to lift the economy, as they have in the past. But this time that may not happen.
By Louis Uchetelle, NY Times. http://www.nytimes.com/2008/12/21/weekinreview/21uchitelle.html?_r=1&ref...