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View Diary: Federal Deficit at Lowest Level Since 2008 (26 comments)

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  •  Austerity is winning! (snark) (4+ / 0-)
    •  Exactly. (4+ / 0-)
      Recommended by:
      terrybuck, Garrett, T Maysle, ericlewis0

      Here the diarist and the thread participants seem to be celebrating a feat for which the Republicans will give no credit, nor even acknowledgement, so, in political terms it was a wasted effort. More importantly, in practical terms, this past five years of drastically limiting spending, during a time of recession, has caused needless suffering and severely retarded the recovery.

      In 2006 Obama explicitly ruled out a 2008 run for president and declared he would remain in the senate until his term expired in 2010. Encouraging Elizabeth Warren to run in 2016 is the right thing to do.

      by WisePiper on Thu Feb 27, 2014 at 08:44:32 PM PST

      [ Parent ]

      •  And, when deficits and debts are reduced or... (3+ / 0-)
        Recommended by:
        WisePiper, T Maysle, ericlewis0

        ...even erased by a Democratic President/administration, then the Republicans can pretend to be worried about the government having too much money, as in the Clinton era.

        •  And Repub presidents (2+ / 0-)
          Recommended by:
          ericlewis0, terrybuck

          can get big Keynesian stimulus packages through Congress easier than a slider on hot grease. And 5 years later Repub politicians will go on C-Span and blame the 'ineffective' stimulus on the Dem president. Even though it created or saved six million jobs. Repubs are so twisted around it's a wonder they don't trip over their own butts.

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