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Friday, November 19, 2010

Closing the Deficit

The deficit has been the subject of much debate recently. Everyone seems to agree that it needs to be reduced, but not how to do it. However, now, thanks to The New York Times, you can play the deficit game!


Should we increase taxes? On whom? Should Social Security or Medicare be cut? What if we just eliminate agricultural subsidies? (Hint: that's not even close to enough)

For an interesting discussion about the deficit and what it means to be an economist, check out professor Howard Glaeser's opinion here:

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