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View Diary: Obama focuses on spending cuts, closing tax loopholes in weekly address (170 comments)

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    psyched

    Deliberate in wording, cloudy in thinking.

    It appears your only reason for cutting the deficit is that it "allows you to grow and expend when and where needed without borrowing against future revenue."

    This can be done without a surplus.  You're confusing what is possible with what Republicans say is possible.  It's possible to do all you say with a big deficit if someone leads!

    There's nothing undesirable about government borrowing in the current situation.  Therefore, this is NOT the time to cut spending!!!

    What sticks in the craw is your desire to defend a Republican policy offered by a so-called Democratic president just because you may like him.  I lean to this position because your reasons for cutting the deficit, now or in the future aren't strong ones.

    President Obama isn't acting in the interests of most people now.  It's any wonder why a smart man is doing exactly the wrong thing for most people in the US.  Who is he listening to?  It's not the people.

    There are 25 million people who are officially unemployed, involuntarily working part time and jobless, but not officially counted as unemployed.  Any good Keynesian, and you say you're familiar, knows this is EXACTLY THE WRONG TIME TO BE CUTTING SPENDING!

    For more on this position please see Dr. Paul Krugman's latest post here.

    If I was a communist, rich men would fear me...And the opposite applies. The history of all hitherto existing society is the history of class struggles.

    by stewarjt on Sat Jul 02, 2011 at 10:08:48 AM PDT

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