Economic View: Austerity Won’t Work if the Roof Is Leaking

http://www.nytimes.com/2013/07/07/business/austerity-wont-work-if-the-roof-is-leaking.html?partner=rss&emc=rss

Fear about government debt has put the brakes on much American infrastructure investment, even when the future benefits far outweigh the repayment costs.

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