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Debt ceiling not as scary to public this year as in 2011

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Last time, the showdown over the debt ceiling scared Americans almost as much as Sept. 11 or Pearl Harbor, a top economic adviser to President Obama said. Now another debt ceiling fight is in prospect, but the level of fear is much lower. Obama noted recently that “even the mere suggestion of default slowed our economic growth” during the 2011 debt limit debate. Obama's comments highlight what...

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