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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (44193)	7/15/2010 2:37:25 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 71588

Re: The "structural deficits", where not a very meaningful point. Structural deficits are deficits based on current government policy, and policy can be changed. ALL policy 'can be changed' --- you are merely belaboring the utterly obvious with that one. However it DOES NOT CHANGE THE FACTS ONE SINGLE WHIT. In the popular parlance 'structural deficit' means a long-running series of annual deficits that run horizontally across the entire normal business cycle: In other words their existence is NOT DERIVED FROM temporary fluctuations of the business cycle --- the deficits are more fundamental, spending is always greater then the government's revenue both at the bottom of the business cycle, and also at the top of the business cycle. So, let's not bandy words around. Both of us know full well what "structural deficit" means. Re: "And the cyclical situation for Clinton was the best of any modern president" THAT is simply belied by the facts....