AmericanObserver Wrote:
Feb 11, 2013 1:28 PM
You people have got to turn off Fox "news" and read some economics and history. Although it intuitively does seem nonsensical, she is correct. Our interest rates, inflation rates, stock market, etc. are all extremely healthy. We clearly don't want this spending imbalance in the LONG TERM, but right now, we don't have a 'spending' problem. We have, in fact, an UNEMPLOYMENT (or, JOBS) problem. Once that is solved, then the 'spending'/deficit problem will come in line...and quicker too. Other than your blind and irrational hate for the President, I see no other reason for this mindless equation of 'household' budgets with government budgets. Governments, sometimes, are SUPPOSED to run deficits. Please, please stop with this ignorance.