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New Anti-Spending Ad: Chinese Professor Asks, 'Why Do Great Nations Fail?'

4:51 PM, Oct 21, 2010 • By JOHN MCCORMACK
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Citizens Against Government Waste has a creative and cutting new ad out. Set in 2030, a Chinese professor discusses why great nations have failed. "America tried to tax and spend itself out of a great recession," the professor says. "Of course we owned most of their debt, so now they work for us." He and his students laugh. Update: Sources say this is a $1 million ad buy. Watch the ad here:

Via Ben Smith.

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