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After Obama

Thomas274 Wrote: Apr 04, 2013 3:21 PM
Just so long as it gets done. To paraphrase Reagan, it's amazing what you can accomplish if you're not worried about who gets the blame.

We can imagine what lies ahead in 2017 -- no matter the result of either the 2014 midterm elections or the 2016 presidential outcome.

There will be no more $1 trillion deficits. About $10 trillion will have been added to the national debt during the Obama administration, on top of the more than $4 trillion from the prior eight-year George W. Bush administration. That staggering bipartisan sum will force the next president to be a deficit hawk, both fiscally and politically.

In addition, there will be no huge new federal spending programs -- no third or fourth stimulus, no vast new...