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09-13-2009, 03:01 PM #1
Big Spenders? They Wish
Big Spenders? They Wish
By PETER S. GOODMAN
New York Times
September 12, 2009
Millions of Americans have lost homes, jobs and savings to the financial crisis and recession. While greed and extravagance played roles, many lived beyond their means because their paychecks shrank. This article is adapted from “Past Due: The End of Easy Money and the Renewal of the American Economy,â€
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