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Part 2
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Then we examine why the good news about the improving economy has not been covered in the press in contrast to the earlier flood of “the sky is falling” reports parroting propaganda from deficit hawks like the Wall Street billionaire Pete Peterson. Mark Blyth, a Professor of International Economy at Brown University and author of “Austerity: The History of a Dangerous Idea” joins us to discuss how America escaped the austerity trap that has mired the Eurozone, even thought the deficit hawks are still demanding we follow Europe’s disastrous path.
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