Perot: Dr. Feelbad and the Deficit

WITH HIS BITTER PRESCRIPTION FOR ELIMINATING THE FEDERAL DEFICIT BY 1998, Ross Perot likes to style himself as the straight-talking realist of American politics. Perot was at it again last week, appearing on the Today show to chide the presidential candidates for failing to tackle the deficit, and hinting anew that he would jump back into the race unless they faced the issues.

But panelists in TIME's economic forum warned that Perot's medicine would be the wrong tonic to give the economy now. "It would be an absolute disaster to have a Ross Perot program in 1993," said Donald Ratajczak, an...

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