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Europe’s economic tremors offer useful lesson

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Bluegrass Beacon column by Jim Waters

Friday, May 25, 2012 at 4:30 am (Updated: May 26, 9:33 pm)

By JIM WATERS

Americans paying even cursory attention to what’s happening on the other side of the Atlantic are about to get a stark reminder of an economic principle that too often gets pushed to the side – especially during troubling times: No government has ever taxed, spent or borrowed its way to prosperity.


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