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" ... Simply put, the U.S. political class can spend enormous sums (please keep in mind that the total federal budget during Bill Clinton’s last year in office was $1.8 trillion) on waste that will in no way boost economic growth because they’ve arrogated to themselves a substantial piece of the production of some of the world’s most enterprising people. Rest assured that Duterte’s relative parsimony isn’t a choice, or an economic statement…. ... "