Economics and Politics

_{For the longest time I have believed the problems with the national debt, balanced of payments, and entitlements has been the most important story about politics--even more important in the long run than the Iraq war.  Victor Davis Hanson has a great article today titled, "Charge It! America." He writes,"}So our collective debt is not just a problem of fiscal sustainability, but also one of national pride and security. Especially at a time of war, the perception of strength - political, financial and military - is critical to our success."

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