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Bully Pulpit

The term "bully pulpit" stems from President Theodore Roosevelt's reference to the White House as a "bully pulpit," meaning a terrific platform from which to persuasively advocate an agenda. Roosevelt often used the word "bully" as an adjective meaning superb/wonderful. The Bully Pulpit features news, reasoned discourse, opinion and some humor.

Wednesday, April 14, 2010

Bernanke Warns: U.S. Debt Could Balloon to More Than 100% of GDP



"Under an alternative scenario that drops those assumptions, the deficit at the end of 2020 would be 9% of GDP and the federal debt would balloon to more than 100% of GDP."

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