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by naravara
3399 days ago
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>Too bad that's not actually a core principle of the democratic party - see what happened under Obama, See what? That he reduced the deficit during his tenure? >and see how little one of their biggest fiscal mouth pieces (Paul Krugman) cares about debt or deficits. Obama took office during an economic depression. This is how macroeconomics works. You spend to goose demand when the economy is down and you tax for the down times when the economy is up. The largest depression since the Great one isn't the time to be worrying about anything but getting us out of it. |
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http://www.usgovernmentspending.com/federal_deficit_chart.ht...
What?