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Obama Is Not a Deficit Hawk. He's Just a Keynesian

JasonCharleston Wrote: Feb 13, 2013 6:49 PM
It's Bush's Fault. Also did you hear Hoover actually created and maintained the great depression for 12 years. Re-writing history and commonsense must be nice.
ClownHallBuster Wrote: Feb 13, 2013 6:50 PM
Typical Republican BS.

Destroy the economy and then complain when the next President takes too long to clean up your mess.
Over at Investors Business Daily, Jed Graham writes about "the deficit chart that should embarrass budget hawks," which shows that the federal deficit has been shrinking in the last two years and is projected to shrink further this year:

Graham writes that the draw-down in federal spending puts a precarious economic recovery at risk. That's certainly a take in line with conventional Keynesian economic analysis - the Congressional Budget Office has similarly projected this year's sequester to knock 0.6% off of projected GDP growth and cost 750,000 jobs by the end of the...