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View Diary: Obama in weekly address: Congress must act now to stop sequester (99 comments)

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  •  Increased employment will, of course, (1+ / 0-)
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    help to reduce the deficit. Unlike all the austerity plans from Paul Ryan's bill to the fiscal cliff bill, which according to the CBO actually increased the deficit.

    While spending public money on creating government jobs does spend money (increase the deficit) it also enables those government workers to spend money in the private sector, which creates jobs in the private sector and enables workers in the private sector to pay taxes and stop drawing unemployment, food stamps, etc. Which both grows the economy and reduces the deficit.

    Whereas cutting government jobs cuts the amount of people's wages/salaries, in exchange for losing what they used to pay in taxes and paying out unemployment and food stamps to laid off government workers. Also, we start to have crappy roads, bridges, education, etc etc etc.

    Really not much of a choice here, if you give a damn about the United States of America.

    if necessary for years; if necessary, alone

    by SouthernLiberalinMD on Sat Feb 23, 2013 at 09:06:22 AM PST

    [ Parent ]

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