Thursday, February 4, 2010

The Deficit Is Structural

http://www.economist.com/blogs/freeexchange/2010/02/deficits_past_and_future

TW: The Republican effort to attribute our fiscal deficits to Barack Hussein Obama continue unabated. But the reality as outlined above is so very different. Obama has barely done anything fiscally other than a short-term stimulus plan. W. Bush tax cuts and health care costs are the drivers of the deficit. Obama is obviously trying to address both. But are folks actually listening?

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