I didn't say we shouldn't get the deficit under control. I said that we should calibrate our responses to avoid hurting the economy while doing so. In 2009, debt was not the problem, economic collapse was. In 2013, we should start working on the debt but be careful not to hurt the economy while doing so.
Regardless of 'who's guy' is in the White House I maintain there's a difference between inheriting a surplus and turning it into a deficit (during the dotcom bust), and inheriting a trillion dollar deficit and not fixing it right away (during the worst crash since 1929).
Regardless of 'who's guy' is in the White House I maintain there's a difference between inheriting a surplus and turning it into a deficit (during the dotcom bust), and inheriting a trillion dollar deficit and not fixing it right away (during the worst crash since 1929).