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
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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
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Well, it's more of a CYA-against-bad-press symbolic gesture than an impressive one.
03/04/2013 10:15:40 PM
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considering that nobody in Congress is losing pay or their job, it's a good precedent IMHO
03/04/2013 10:43:45 PM
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I don't care about any quantities under a million
04/04/2013 03:40:25 AM
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the president can't pass a budget you know....
04/04/2013 04:45:38 AM
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No, but he is required by law to submit one, and he has not.
05/04/2013 06:10:24 PM
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good job getting your analysis from right wing media and pushing the lies they tell you
05/04/2013 07:04:05 PM
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good job on displaying more of your ignorance or willful blindness
06/04/2013 03:34:27 PM
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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
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yes, because everyone knows the way out of recession is to prevent job creation *NM*
05/04/2013 07:04:49 PM
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Federal spending can not create real, sustainable, job growth. *NM*
06/04/2013 03:39:52 PM
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it doesn't have to, that's why they call it "stimulus" *NM*
06/04/2013 04:08:04 PM
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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
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Yes we need to cut hundreds of billions of dollars
06/04/2013 03:17:01 AM
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Not really
06/04/2013 03:54:56 PM
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as long as debt and/or deficit is less than GDP they are manageable
06/04/2013 04:30:42 PM
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Deficits
07/04/2013 01:13:41 AM
- 473 Views
Deficits are a big deal with times are good
07/04/2013 03:40:36 AM
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You do know why we use 10 year time periods with cbo numbers right? *NM*
06/04/2013 03:17:41 AM
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Yeah, so they can claim a dime of imaginary savings is a dollar. *NM*
06/04/2013 03:37:39 PM
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No anything past 10 years in projections are a joke.
07/04/2013 03:02:32 AM
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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
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Ya know, semi-tangent but I just had an amusing notion about elected official pay
10/04/2013 07:12:56 PM
- 545 Views
it would require a constitutional amendment, but i think we could get it to pass.... *NM*
10/04/2013 11:24:26 PM
- 263 Views