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					Finishing Deficits
                        Deficits


cyclical versus structural

  -- prior to Reagan, deficits were cyclical.
  -- After Reagan, they are structural.

 the numbers

  -- let’s look at the numbers
(off the scale!)



   1 trillion?




 Obama
(Explain WWII debt and
post-war generation)

				
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posted:11/22/2012
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