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Former Treasury official: Let's keep running big deficits

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In a provocative new book, a former Wall Street CEO and Treasury official argues that the U.S. shouldn't worry about the ballooning national debt. This reviewer respectfully disagrees.

By Shawn Tully, senior editor-at-large

FORTUNE -- America is crazy to be fretting over the ballooning national debt and should keep booking big deficits to hasten the recovery. That's the theme of the slender but provocative new book by Frank N. Newman called MORE


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