Text: However, the federal government ran large deficits through much of the 1980s and early 1990s, which reduced the overall level of national saving in the economy.
Entailment: Reduced level of national saving in the economy, has been achieved thanks to the federal government. running large deficits throughout much of the 1980s and early 1990s.
Contradiction: The federal government ran large deficists throughout 1980s and 1990s, which increased the overall level of national saving.