Look at this CNN Money article on the deficit. The deficit is down 32% on the year, but that is because Revenues are up 16%, with outlays only being down 1.9%.
What does this mean?
This should be the death knell for anyone who thinks that the way back to prosperity in America is cutting more and more vital services. I mean, look at the article. Outlays are down 1.9%, and what do we have to do to get there? Disrupt Meals on Wheels. Inconvenience folks at hundreds of airports nation wide. Cut Head Start programs for young children.
This should be proof that folks who claim that only a government "small enough to drown in a bathtub" is a financially prudent way to run a government. Our Representatives and Senators should metaphorically bash anyone who claims that austerity now and forever is the answer with this report.
They won't of course, but this should give additional momentum to demand fairness in taxes, continue to work to end corporate tax loopholes, and end the "Too Big To Fail"'s hold on manipulating our economy.
After all, we've only taken small steps, and we're already 1/3d of the way to erasing the yearly deficit. Imagine the further steps we can take now that we have the momentum