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Deficits must be closed if we're to stand on our own two feet

Brussels : Belgium | Oct 24, 2012 at 11:46 PM PDT
Source: Independent
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Thursday October 25 2012 In the 1980s, the United States under President Ronald Reagan ran both government budget deficits and international trade deficits. The budget deficit arose because US government spending exceeded revenues; the trade deficit occurred because Americans imported more... FULL ARTICLE AT Independent
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