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(Tom Velk, director of North American studies at McGill, op-ed) "What's wrong with traditional anti-recession government theory and policy (called macro-economics by economists)? It must be something major, as the recession just past (officially so in the United States) was not foreseen.

Once under way, its eventual magnitude was exaggerated (at least overestimated for Canada and Germany), and now that it is "over," problems linger, especially south of the border…"