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Political economics
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Mitt Romney’s selection of Paul Ryan as his running mate will turn the presidential campaign into one centered around economic policy, though Democrats will certainly try to make it about social issues. We hope it will stimulate serious discussion about this country’s spiraling deficit and the unsustainability of the economy if the United States doesn’t get a handle on its debt. Of course, how to reduce that debt is framed in different ways by the two parties, and so far there has been little effort by either to try to come to compromise.