SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Ron who wrote (213564)1/2/2013 9:24:18 AM
From: Metacomet  Read Replies (3) | Respond to of 541421
 
the deal does almost nothing to actually lower the deficit.

Nope

You can't take care of that by spending cuts...well maybe defense

You have to grow your way out of that, as Clinton's progress demonstrated by growing the economy

..and to do that you will have to somehow elect a Congress that understands how economies are stimulated, by government spending and stop relying on a private sector preoccupied with getting rich, and taking money out of the economy

...and to do that you have to do a better of job of ignoring debt scolds, wherever they preach, and taking good advice like Krugman




To: Ron who wrote (213564)1/2/2013 10:40:43 AM
From: Steve Lokness  Respond to of 541421
 
<<<<< That won't even make a small dent in the annual budget deficit>>>>

Remember! We have to make progress on the budget deficit BEFORE we make any progress on the debt issue - meanwhile it just goes higher and higher.