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NYT: In Study, 2 Economists Say Intervention Helped Avert A 2nd Depression

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Tags: Alan Blinder, Bush and Obama, Mark Zandi, Stimulus, TARP

Like a mantra, officials from both the Bush and Obama administrations have trumpeted how the government's sweeping interventions to prop up the economy since 2008 helped avert a second Depression.

Now, two leading economists wielding complex quantitative models say that assertion can be empirically proved.

Read the entire New York Times article here.
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