Personal history: The origin of America's deficit obsession
And how I contributed to it.
“Grandpa, what’s the federal deficit?”
“Nothing to worry about, sweetie.”
“But politicians are always talking about it. And they make it seem terrible.”
“The country has far bigger problems, pumpkin.”
“Did they worry about the deficit when you were in the Clinton administration?”
“Oh yes. In fact, that’s when it all started. I even remember the day… .”
Decemb…

