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Deficit Worry Is the Greenest Shoot

by Froma Harrop

Never mind firmer retail sales, rising stock prices and moderating job losses. The greenest shoot is Americans' changing economic fixation. There's less panic over collapsing banks, home foreclosures and the prospect of another Great Depression. Attention has moved to budget deficits and the resulting federal debt. These are worries of a more stable time, when people had the luxury of looking at the long-term.

Suddenly there's talk of hiking taxes and curbing federal spending, which yo ...

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