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By Jared Bernstein
Published: June 28 2010 23:51 | Last updated: June 28 2010 23:51
It is all too common for Washington's economic debates to feature strongly held views with little underlying logic or evidence. The debate over whether the Obama administration should emphasise job growth or deficit reduction is only the most recent example.
That's particularly unfortunate because America's economy badly needs two policies that critics say pull in opposite directions: more government support for jobs and a credible path toward fiscal sustainability. The good news is that the critics are wrong. In the current economic moment jobs and deficit reduction are friends, not enemies.
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