'There's smart debt and stupid debt'
(NEWSER) - The debate over the deficit is being crippled by a failure to face up to what we need the government to do, writes EJ Dionne Jr. To have a rational debate about the budget, lawmakers should admit that running a deficit during a time of high unemployment is a good thing, and that government is going to have to grow in the coming decade to make up for private sector shortfalls in health insurance and pensions, Dionne argues in the Washington Post . More»
