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Sunday, April 22, 2018, 7:46 a.m.

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Hawks and hypocrites

Back in 2010, self-styled deficit hawksbetter described as deficit scolds—took over much of our political discourse. At a time of mass unemployment and record-low borrowing costs, a time when economic theory said we needed more, not less, deficit spending, the scolds convinced most of our political class that deficits rather than jobs should be our top economic priority.

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