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Paul Krugman: The Secret of Our Non-Success

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The U.S. economy finally seems to be recovering in earnest, with housing on the rebound and job creation outpacing growth in the working-age population. But the news is good, not great -- it will still take years to restore full employment -- and it has been a very long time coming. Obviously, Republicans like claiming that it's all Mr. Obama's fault, and that electing Mr. Romney would magically make everything better. But nobody should believe them.

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At www.nytimes.com

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