Comments on: We Could Be Near 7% But For… http://jaredbernsteinblog.com/we-could-be-well-under-7-but-for/ Facts, Thoughts, and Commentary Thu, 20 Jun 2013 00:08:51 +0000 hourly 1 By: Merrill Goozner http://jaredbernsteinblog.com/we-could-be-well-under-7-but-for/#comment-166099 Merrill Goozner Tue, 08 May 2012 22:21:57 +0000 http://jaredbernsteinblog.com/?p=5053#comment-166099 Paul Krugman said the same thing last week at EPI, which I reported here: http://www.thefiscaltimes.com/Articles/2012/05/03/All-Signs-Point-To-Lost-Decade-Krugman-and-Summers.aspx#page1. . . Of course, when the Journal notices that a million public sector workers have lost their jobs, it must be true.

]]> By: davesnyd http://jaredbernsteinblog.com/we-could-be-well-under-7-but-for/#comment-165955 davesnyd Tue, 08 May 2012 17:54:09 +0000 http://jaredbernsteinblog.com/?p=5053#comment-165955 How much additional aid would have been required from the Federal government to the States in order to have kept those layoffs from occurring?

How much GDP has been lost as a result of the decrease in employment?

In other words, what were the benefits and costs of “austerity”?

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