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Senate Democrat: "I Want to Disagree With Those Who Say We Have a Spending Problem"

eddie again Wrote: Feb 15, 2013 10:26 AM
we should not ignore, hide or minimize the consequences of passing a balanced budget. the short term effect of limiting federal expenditures to federal revenues will necessarily reduce economic activity in the usa. in the short term, it will raise unemployment. in the short term, it will intensify the current great recession. raising taxes to maintain federal spending levels will lengthen any recovery periord that begins by balancing a budget.

Hop aboard the Denialism Express, Democrats.  It's a fact-free, reckless thrill ride -- although between the president, Nancy Pelosi, Steny Hoyer and now outgoing Iowa Sen. Tom Harkin, space is getting limited.  Harkin, who will retire at the end of this term, used the (somewhat ironic) platform of a Senate Appropriations Committee meeting to inform the public that the US government is not broke and does not have a spending problem: