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review by . July 26, 2011
To Raise or Not to Raise the Debt Ceiling and How to Stabilize Debt Over Time
The most persuasive reason to increase the public debt is that the population has grown from   180MM people in 1960 to over 300MM today. A larger population means more   infrastructure and social service needs. Other reasons to increase the public debt include   payment of current expenses, additional targeted stimulus for small business and out of the norm   requirements to wind down ongoing conflicts in Iraq and Afghanistan.      The …
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Pros and Cons of Raising the Debt Ceiling
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