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Fiscal Problems and a Weak Economy for the U.S.

The U.S. economy continues to be weak, says Barry Bosworth, but the nation also has a horrible long-term fiscal problem, which is why the Bush tax cuts should be either extended for one year only or ended permanently. The U.S. can no longer afford to be the "export engine" for the rest of the world. Move video available: http://www.brookings.edu/multimedia/video/2010/0730_bosworth_GDP_trade.aspx
Length: 01:11

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