In response to:

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

psydoc Wrote: Feb 13, 2013 8:52 PM
Maryanne, I really agree. Affirmative action was started by EO of JFK, I think it was March of 61. At that time it was designed as equal opportunity, regardless of color, religion, sex, or national origin. I fully support equal opportunity. I do not support providing opportunities based on color, religion, sex, or national origin. My family is multi-racial, and I love everyone the same. I never consider the color of skin or heritage. We are just a large loving family.
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...