April 13, 2011 3:54 AM

Commentary: Will Democrats follow Paul Ryan's lead on budget cuts?

If you enjoy a good scare, try Googling, “If Japan dumps its Treasuries.” You can scroll through the various scenarios for what might happen if Tokyo unloads its $886 billion stash to finance post-disaster reconstruction. I tend to be an optimist and one of my rules of thumb is that the scare stories usually don’t happen, at least not in the way the worst predictions suggest.

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