Monday, July 29, 2013

Don't worry, keep spending

What huge debt?
The Obama crew wants to keep on spending.
No austerity for us.
Even after this warning from the CBO.
Although output would be greater and employment higher in the next few years if the spending reductions under current law were reversed, that policy would lead to greater federal debt, which would eventually reduce the nation’s output and income below what would occur under current law.

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