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View Diary: CBO: Deficit will tumble this year, but obsession with fiscal tightening will hurt economic growth (67 comments)

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  •  The next Repub President will get to spend (3+ / 0-)
    Recommended by:
    bink, Dem Beans, coffejoe

    spend, spend and all of a sudden "deficits won't matter" again as they'll give handouts to all the GOP special interests and cut taxes on the rich to run up a huge deficit again.  

    Pres Obama should have made the case for more spending now - but he has been sucked into the "spending is bad, we need to balance budget by 2016" garbage.  He's basically resigned himself to be the clean up guy for the Bush years.  And then he leaves office and the next Republican (Or another Clinton and all Bil's disaster conservative bills) comes back in and bends over for big business and the rich again.  

    Keystone XL Pipeline - Canada gets the money, Asia gets the oil, America gets the toxic refinery pollution and potential for a pipeline leak ecological disaster.

    by Jacoby Jonze on Tue Feb 05, 2013 at 02:13:49 PM PST

    •  He wasn't sucked in... (1+ / 0-)
      Recommended by:

      he has always been fiscally conservative...and was pulled in further by the likes of Peter Orzag...the question is has he been shocked into action....

      "Small Businesses Don't Build Levees" - Melissa Harris Perry

      by justmy2 on Tue Feb 05, 2013 at 03:11:45 PM PST

      [ Parent ]

      •  Fiscal conservatism is for three kinds of people (3+ / 0-)
        Recommended by:
        howd, dorkenergy, Calgacus


        Rich people who stand to profit from it

        Politicians and pundits either beholden to them, or too weak to oppose them, and obsessed with the desire to be seen as a Very Very Serious Person

        "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

        by kovie on Tue Feb 05, 2013 at 04:00:11 PM PST

        [ Parent ]

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