Dean Baker on the need for larger deficits and junk economic science on Chris Hayes


And of course on the slow recovery. In his words, "we are still bound by the Age of Austerity." It's worth insisting, since pressures for more contractionary monetary policy are mounting. Hayes bit is more generally about GOP's contradictory complain about inequality and the new Obama budget, which is more progressive than his previous ones. And yes they do talk about Big Government Republicans, but not enough in my view about small government (and pro-Wall Street) Dems. For more on that go here.

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