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I Don't Like This Fetishization Of The Deficit [View All]

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Home » Discuss » General Discussion: Presidency Donate to DU
DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 03:58 PM
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I Don't Like This Fetishization Of The Deficit
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Edited on Mon Aug-01-11 04:21 PM by DemocratSinceBirth
When the main problem is that nearly one in five Americans are unemployed, underemployed, or too discouraged to look for a job. The debt is a chronic problem. Massive unemployment is an acute problem. Actually the debt problem is largely a function of the unemployment crisis. Less people working mean less tax receipts. Less tax receipts means bigger deficits.

Focusing on a chronic problem at the expense of an acute problem strikes me as dumb. If you present to the emergency room with chest pains you want them to focus on that and not your diabetes.

Hello Double Dip Recession

You heard it here first.

The March Of Folly...
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