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Archive Home > 2013 > January > 13 > When big deficits became good

When big deficits became good

By Victor Davis Hanson / The Bulletin
January 13, 2013

As a senator and presidential candidate, Barack Obama said that he detested budget deficits. In 2006, when the aggregate national debt was almost $8 trillion less than today, he blasted George W. Bush’s chronic borrowing and refused to vote for upping the debt ceiling: “Increasing America’s debt....

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