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View Diary: 94 percent of Americans don't know the budget deficit is getting smaller (126 comments)

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  •  When will Obama/Biden/Dems tell the truth!? (0+ / 0-)

    About the deficit????

    •  What "truth" "about the deficit" do you want told? (3+ / 0-)
      Recommended by:
      pamelabrown, orlbucfan, annominous

      The growth of the deficit has been reduced. It is still growing, Yes, but the rate of growth is slowing, as Jed showed, rather dramatically.

      And there is no doubt that a more active and robust economy with more people at work will raise everyone's revenues, from employers to the US Treasury. Even conservative economists accept that principle.

      History teaches that the GOP's austerity demands did not occur in the Bush II years, as we began racking up huge war bills. Congress even lowered tax rates. Cheney promised the war would be paid from Iraq's oil revenues and the long-disregarded trickle-down economics was taken for granted, even though It. Does. Not. Uccur. But Gee, now born-again Tea Party Republicans raise their concern over deficits to an incessant harangue, shelving other matters and seeing to it that we lurch from one Congress-made faux crises to another. Crises that are easily resolved ... by not precipitating them!

      The truth is that the GOP must stay at a high level of abstraction as it talks about deficit and debt because when it comes to specifics, every public opinion poll that deals with specifics, not to mention plain good sense, shows the public does not want government services or "entitlements" like Social Security and Medicare cut.

      Now, what truth about the deficit would you like to promote?

      2014 IS COMING. Build up the Senate. Win back the House : 17 seats. Plus!

      by TRPChicago on Sat Feb 23, 2013 at 08:46:43 AM PST

      [ Parent ]

      •  No (0+ / 0-)

        The deficit is an annual measurement. It has been shrinking under Obama.

        The debt continues to grow, at a slower rate (because of the shrinking deficit).

        •  I shoulda said "rate of growth in the deficit"? (0+ / 0-)

          Or, "rate of annual growth in the deficit."

          To be accurate, I believe you're correct. Moreover, if I'd have specified "rate of growth," it wouldn't have bogged my comment down any.

          But that underscores the problem I was addressing. It would be best to be luminously clear and accurate to a fault, but then it makes even more sense to anticipate the pushback response. We should be prepared to confront knowledgeable arguments from the other side(s). After all, the back-and-forth call-and-challenge is what we Kossacks demand from the MSM ... and rarely get, because they are (1) unprepared and/or (2) ill-suited journalistically to do so, and (3) oops, we're running out of time and jeopardizing ideological balance if we don't stay shallow.

          All that said, thanks for your observation.

          2014 IS COMING. Build up the Senate. Win back the House : 17 seats. Plus!

          by TRPChicago on Sat Feb 23, 2013 at 10:23:31 AM PST

          [ Parent ]

          •  You're still wrong (0+ / 0-)

            The rate of annual growth in the debt has been reduced.

            The deficit has been reduced. The deficit is not growing; it's shrinking.

            The debt and the deficit are not the same thing.

            •  Do you always correct your friends? (0+ / 0-)

              And so assiduously? Do you see how the basic point might get lost in such precision?

              Mea culpa ... I suppose.

              2014 IS COMING. Build up the Senate. Win back the House : 17 seats. Plus!

              by TRPChicago on Sat Feb 23, 2013 at 04:34:21 PM PST

              [ Parent ]

              •  Not unless they spout untruths (0+ / 0-)

                in a political discussion. Then all bets are off.

                The basic point might get lost in such precision? No, the basic point is lost when you use two noninterchangeable terms in an interchangeable way.

                Conflation of the debt and deficit is precisely why 94 percent of Americans don't know the budget deficit is getting smaller.

                •  OK, but you'll have to set more than my one ... (0+ / 0-)

                  ... comment straight to get any traction for your precision.

                  I think you're being harsh to suggest I was "spouting untruths." My original points were valid and still are, but they might get lost in the thicket of your corrections.

                  And there is no doubt that a more active and robust economy with more people at work will raise everyone's revenues, from employers to the US Treasury. Even conservative economists accept that principle.

                  History teaches that the GOP's austerity demands did not occur in the Bush II years, as we began racking up huge war bills. Congress even lowered tax rates. Cheney promised the war would be paid from Iraq's oil revenues and the long-disregarded trickle-down economics was taken for granted, even though It. Does. Not. Occur. But Gee, now born-again Tea Party Republicans raise their concern over deficits to an incessant harangue, shelving other matters and seeing to it that we lurch from one Congress-made faux crises to another. Crises that are easily resolved ... by not precipitating them!

                  The truth is that the GOP must stay at a high level of abstraction as it talks about deficit and debt because when it comes to specifics, every public opinion poll that deals with specifics, not to mention plain good sense, shows the public does not want government services or "entitlements" like Social Security and Medicare cut.

                  2014 IS COMING. Build up the Senate. Win back the House : 17 seats. Plus!

                  by TRPChicago on Sat Feb 23, 2013 at 05:17:48 PM PST

                  [ Parent ]

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