New page: Deficits, deficit hysteria, Bush tax cuts and other pressing economic issues

Note that a new page has been added to try to cover the growing clamor over the hyped-up (?) risks of the budget deficit.

If the budget deficit is so dangerous, why do the same people jibbering about its dangers, at the same time advocate for continuing the Bush tax cuts that would add a trillion dollars or so to the deficit. When it is other people losing money because of deficit reduction measures, these people are happy, but when it is their own enormous bank accounts which might be slightly pinched then it is ‘deficit be damned!’

The corrosive effects of money in U.S. politics hangs over this issue as well as over all of us.

Leave a Reply

 

 

 

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>