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The Government Debt Paradox: Pick Your Poison

Authored by EconomicPrism's MN Gordon, annotated by Acting-Man's Pater Tenebrarum, Lasting Debt “Rule one: Never allow a crisis to go to waste,” said President Obama’s Chief of Staff Rahm Emanuel in November of 2008. “They are opportunities to do big things.” Rahm Emanuel looks happy. He should be – he is the mayor of Chicago, which is best described as crisis incarnate.
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