Why U.S. Spending Cuts Won’t Kill Too Many Jobs

The U.S. began the year with an awkwardly arranged deal that raised taxes. I hope it doesn’t end the year without a deal to limit spending. The U.K. may have embraced austerity too soon, but the U.S. is far enough along in its recovery that it can begin balancing its books. An impressive new ser…

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Why U.S. Spending Cuts Won’t Kill Too Many Jobs