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In a wonderfully succinct clip, Professor Antony Davies addresses the oft-cited perspective that Government has a debt problem. While correct in fact, he examines the data and summarily notes that debt is caused by deficits leaving the question of what’s to blame – too much spending or too little tax revenues? The dramatic rise in spending per-capita by the government is exponentially larger than… Broadcasting platform : YouTube Source : zero hedge Discovery Date : 25/04/2012 15:53 Number of articles : 3
