Economy

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David Stockman, former director of the Office of Management and Budget under President Reagan, says America has become addicted to debt and that there's no way to avoid catastrophe. Still from NewsHour Footage. Paul Solman: On yesterday's Making Sen$e post,…

By Paul Solman David Stockman, former director of the Office of Management and Budget under President Reagan, says America has become addicted to debt and that there's no way to avoid catastrophe. Still from NewsHour Footage. Paul Solman: On yesterday's…