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Recovery hinges on ‘basic bargain’

By Robert Reich

THE QUESTION at the core of America’s upcoming presidential election isn’t merely whose story most voting Americans believe to be true — Mitt Romney’s claim that the economy is in a stall and Obama’s policies haven’t worked, or Barack Obama’s claim that it’s slowly mending and his approach is working.

If that were all there was to it, last Friday’s report from the Bureau of Labor Statistics showing the economy added only 96,000 jobs in August — below what’s needed merely to keep up with the growth in the number of eligible workers — would seem to bolster Romney’s claim.

Tuesday, September 18, 2012 5:28 PM
 

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