Deficits are a big deal with times are good, you worry less about them when times are bad.
We need to start worrying about deficits when your debt to gdp ratio is at 100% or more
------
You do not worry about deficits when you are worried about deflation. If you try to fight deficits too soon you make the problem worse as evidenced by Japan and the lost decade.
President Obama and Defense Secretary Hagel take pay cuts to lessen impact of sequester
- 03/04/2013 09:47:45 PM
929 Views
Well, it's more of a CYA-against-bad-press symbolic gesture than an impressive one.
- 03/04/2013 10:15:40 PM
801 Views
considering that nobody in Congress is losing pay or their job, it's a good precedent IMHO
- 03/04/2013 10:43:45 PM
643 Views
I don't care about any quantities under a million
- 04/04/2013 03:40:25 AM
689 Views
the president can't pass a budget you know....
- 04/04/2013 04:45:38 AM
694 Views
- 04/04/2013 04:45:38 AM
694 Views
No, but he is required by law to submit one, and he has not.
- 05/04/2013 06:10:24 PM
692 Views
good job getting your analysis from right wing media and pushing the lies they tell you
- 05/04/2013 07:04:05 PM
868 Views
good job on displaying more of your ignorance or willful blindness
- 06/04/2013 03:34:27 PM
697 Views
They need to cut hundreds of billions, not millions; and not over a fake 10 year period either. *NM*
- 05/04/2013 06:13:37 PM
328 Views
yes, because everyone knows the way out of recession is to prevent job creation
*NM*
- 05/04/2013 07:04:49 PM
347 Views
*NM*
- 05/04/2013 07:04:49 PM
347 Views
Federal spending can not create real, sustainable, job growth. *NM*
- 06/04/2013 03:39:52 PM
358 Views
it doesn't have to, that's why they call it "stimulus" *NM*
- 06/04/2013 04:08:04 PM
358 Views
Yeah, and I can call your mama, your daddy, but it don't change who they are. *NM*
- 07/04/2013 01:15:05 AM
340 Views
Yes we need to cut hundreds of billions of dollars
- 06/04/2013 03:17:01 AM
687 Views
Not really
- 06/04/2013 03:54:56 PM
687 Views
as long as debt and/or deficit is less than GDP they are manageable
- 06/04/2013 04:30:42 PM
830 Views
Deficits
- 07/04/2013 01:13:41 AM
683 Views
Deficits are a big deal with times are good
- 07/04/2013 03:40:36 AM
679 Views
You do know why we use 10 year time periods with cbo numbers right? *NM*
- 06/04/2013 03:17:41 AM
352 Views
Yeah, so they can claim a dime of imaginary savings is a dollar. *NM*
- 06/04/2013 03:37:39 PM
346 Views
No anything past 10 years in projections are a joke.
- 07/04/2013 03:02:32 AM
747 Views
Anything past 1 year is a joke/lie becuase the next Congrees will do what it wants regardless. *NM*
- 07/04/2013 03:08:39 PM
354 Views
Ya know, semi-tangent but I just had an amusing notion about elected official pay
- 10/04/2013 07:12:56 PM
719 Views
it would require a constitutional amendment, but i think we could get it to pass.... *NM*
- 10/04/2013 11:24:26 PM
355 Views
