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  • Freeze Public Wages

    The New York Times - 09/07/2011

    IN the face of this economic crisis, the federal government has all but declared unilateral disarmament. The Federal Reserve chairman, Ben S. Bernanke, has vowed to keep real interest rates near zero, but even at that level few are borrowing. Over at the White House and on Capitol Hill, the pursuit of deficit reduction has taken on a religious fervor just when the economy needs a stimulus.