'But the budget deal negotiated by Murray and Ryan will do nothing to expand demand in the economy. They could have devoted funds to rebuilding the infrastructure, retrofitting homes and businesses to make them more energy efficient, and improving health care and education. Instead we see further cuts that will both lead to deteriorating service and fewer jobs.
'This means that millions of people will continue to unemployed or underemployed for the foreseeable future and workers will lack the bargaining power to secure their share of economic growth. But at least the lives of members of Congress will be easier.
'Happy holidays!'
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