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The important lesson of the deficit is - and the national debt - is we have to be careful about how we're spending money.

Joseph Stiglitz
Important, Debt, Lessons
"Jack Welch Gives 'Em Hell at VF/Bloomberg Panel". “No Visibility Ahead: Predicting What’s Next” panel, co-hosted by Vanity Fair and Bloomberg, www.vanityfair.com. May 29, 2009.
The important lesson of the deficit is - and the national debt - is we have to be careful about how we're spending money.