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Mitch Daniels: 2% growth will end U.S. as 'country of opportunity'

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A former White House budget chief is warning that the nation is facing a new “red menace,” not from Soviet missiles but one just as threatening: red ink. Mitch Daniels, the president of Purdue University and the former two-term Indiana governor and one-time Bush budget boss, is warning that Washington has very little time to fix the economy and increase economic growth before the nation...