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organisation > Congressional Budget Office
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Localist movements fail by treating a symptom of capitalism, the crippling of local communities, as if it's the disease.
US media outlets are disingenuously claiming that social programmes are putting Americans in debt.
We should be looking to increase, not decrease Social Security, argues Baker.
The sequester has no economic justification - it is the product of ideology and political stalemate.
The US government has a huge amount of assets that it could sell at any time and thereby reduce its debt, writes Baker.
Four years after Obama's historic inauguration, the biggest change is that there is no hope for the economy.
The outlook for the US economy over the next few years hinges on what a deeply divided Congress decides.
President Obama declares the deal is a promise kept, despite falling short of earlier hopes for a grand deficit bargain.
Republican-dominated chamber looks ready to approve bipartisan deal in vote and end months-long dispute.
If economic debates in the US were focused on reality, the demand gap would be at the centre of the discussion.
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