How to deal with systemic borrowing

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How to deal with systemic borrowing

Wed, 02/12/2020 - 14:08
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President Donald Trump’s new budget confirms that without corrective action, trillion-dollar deficits will be with us for years and perhaps decades to come. Trump’s budget plan has many smart and urgent spending reforms. But will Congress ignore them once again? Alas, probably, but the longer we wait, the shorter the debt bomb fuse. But step one in solving this crisis is to recognize the facts…

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