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Here's a letter that I sent recently to the New York Times:
The headline of Thomas Friedman's column on President Obama's economic-recovery plan reads "Obama's Big, Bold Bet [2]" (April 5).
Persons
who make big bets with their own money act boldly. Persons, such as
Pres. Obama, who make big bets with other people's money act badly –
and in two traditional senses of that word.
Sincerely,
Donald J. Boudreaux