Well, meet the new austerity, same as the old austerity, which means higher taxes on the private economy and token discipline for the state.

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By the same token each tax cut dollar resulted in less than a dollar in the economy.

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By the same token, the optimal amount of monetary stimulus is defined by the state of the economy.

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By the same token, the federal bailouts of banks in response to the 2008 financial crisis stabilized the economy.

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