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View Diary: Yes, Obama has cut federal spending (36 comments)

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  •  Yes, one of his bigger errors (1+ / 0-)
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    was feeding the deficit scares in his vain quest for a Grand Bargain.  Even before with the Simpson Bowles commission.  It came back to hurt him.

    I can see long term deficit reduction, but the austerity undercut the second stimulus (the 2010 deal) and then 2011 hurt also.    

    The original stimulus was too small, but at least it was stimulative and did stop the free fall.  

    I'm glad for the various stimuluses, and understtand we could have been like the UK has the Rs been in charge, or worse, but it also could have been much better.  UE has been a human tragedy.

    Obama (and Dems) have been much better this year, alhough I'm not fan of chained cpi, but I'd like to believe it could have been different.

    Now, with the R House, the best we will get is some austerity.

    No doubt, it could be much worse, but it might have been better.

    Join us on the Black Kos front porch to review news and views written from a black pov—everyone is welcome.

    by TomP on Tue Feb 12, 2013 at 12:00:11 PM PST

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