TIME'S BOARD OF ECONOMISTS: Bigger Tax Cuts for Faster Recovery


The U.S. recession is now 15 months old, and it is growing bigger and meaner all the time. The urgency of the debate now under way in Washington over how—and how fast—to turn the economy around was underscored by a drumbeat of bad news about falling production and shrinking profits. But of all the measures of the nation's deepening economic problem, none was quite so stunning as last week's report of a scary 8.2% unemployment rate in January.

The new jobless figure hit a confused and querulous American public just...

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