We Need a Recovery …
From the recovery.
10:43 AM, Aug 27, 2014 • By GEOFFREY NORMAN
Slow growth is bad for everyone. Including the government, which depends (sort of) on tax revenues to do its job. Now, as Kasia Klimasinska of Bloomberg reports:
This counts as a nuisance in Washington where, if the money doesn’t come in, you just go into deficit.
But out in the provinces, 1.5 percent growth translates into … backing up.
Half the country believes we are still in a recession. Which, for them, we are.
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