Richard D. Wolff, Truthout: "Government budget deficits and the national debt are occasions more for demagogues to preach than for serious analysis. The usual suspects, conservatives and liberals, are gearing up for the election. Each side uses the large federal budget deficits and fast-accumulating national debt to beat its tired ideological drums.... The two sides have been promoting these positions for decades, long before the current deficits and debts arrived. However, there are important political lessons to learn by connecting deficits and debts to the demagogues using them these days."
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