``I must give him his due. He has considerably cretinized me.'' Lautréamont

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Sunday, October 01, 2006

Curing the Debt Addiction (NYT)

borrowing removes the very same money that spending adds

removing it by taxes instead is favored by the left

spending less will not occur to the NYT

America's borrow-and-spend ways have juiced the global economy. But the resulting indebtedness makes the country vulnerable to protectionism.


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