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2011-06-17 — forbes.com
``The result of all this, of course, is a U.S. government borrowing binge that just won't quit. Problem is that borrowing binge is overwhelming America's savings pool, this despite a private sector desperately trying to refill the pool. The fact is, U.S. Treasury borrowing has taken some 110% of net U.S. private savings (NPS) these past twelve months. You can't grow the economy and thereby raise government revenues, we submit, when that same government is sucking up the very fuel for that growth.''
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