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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (548210)2/5/2010 11:18:34 AM
From: tejek  Read Replies (1) of 1575396
 
Many economists take a much calmer view of budget deficits than anything you’ll see on TV.

I took a much calmer view as well, but these deficit are ridiculous.

These deficits are extreme because the situation was extreme. You had a president running two wars, cutting taxes to the rich and an economic recovery under that same president that was lame at best. This recovery is going to be very difficult, requiring a lack of ideological rigor and instead, more creativity.
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