Full text: Eurosclerosis

The permanent budget deficit
as a response to low growth ?
is not the right way.
The solution, on the contrary, 
is a shift in distributing shares 
(perhaps also in personal or opposed
to functiinal distributions).
The present U.S. position  more general is that
by clever money policy they
change the distribution in form of
and try to cpmpensate this by

budget deficit ( although this is already

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