06/17/2013 08:34 am ET Updated Aug 17, 2013

Paul Krugman: 'Influential People Need To Stop Using The Future As An Excuse For Inaction'

Last week the International Monetary Fund, whose normal role is that of stern disciplinarian to spendthrift governments, gave the United States some unusual advice. "Lighten up," urged the fund. "Enjoy life! Seize the day!"

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