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Friday, May 24, 2013

The Deficit: Henny Penny Was Wrong

When Obama took office from Bush the budget deficit was 10.1% of GDP. Today is 4% of GDP and is projected to be 2.1% by 2015. Hmmm, remember the hullabaloo about the debt that would skyrocket under the Democrats? We don’t here much about that lately.

Just think if progressive work on the infrastructure had been supported rather than blocked where the debt would be. In addition to good middle class jobs that would be created.


Oh well, better keep the sequester going, or things might get too good and the whiners would know what to do.


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