"If you fix the jobs problem you fix the deficit problem. The reverse is not true. If you "fix" the deficit you kill jobs." http://www.eschatonblog.com/2013/01/f-deficit.html
Obama got elected because Romney didn't care if people ate grass by the side of the road. It was the GOP's decision to focus on reducing the deficit, as opposed to fixing unemployment. Republicans only care about the debt when a Democrat is in power and then they use it as an excuse to cut the social safety net. When Dubya was in office he cut taxes for the rich and spent billions on a bloody war in Iraq. Republicans didn't care about the debt during Dubya's presidency. Or Poppy's. Or Reagan's. And it was always pretty clear that Romney didn't care about the deficit except insofar as he could use it as an excuse to destroy entitlements. Krugman: Campaign against this austerity obsession...when somebody says, `Well, we need to slash here, we need to slash there.' That's actually going to hurt the economy...This is the same kind of animal that we confronted in the '30s. This is depression economics. And the nature of the solution is not really very different now from what it was then...Depression economics is when the normal things you do to boost the economy, have the Federal Reserve cut interest rates a little bit, are no longer available or effective. It's a situation where the normal rules of what you– of economic policy, have to be put on hold, and you really need to do extraordinary stuff." http://billmoyers.com/segment/paul-krugman-on-recessions-and-recovery/ --- In FairfieldLife@yahoogroups.com, "Richard J. Williams" wrote: > > > > wgm4u: > > When are you folks going to wake up, this president > > is out of control! He's going to crash the economy!! > > > We are screwed for at least the next four years. > > It would take at least ten years for the U.S. > economy to improve substantially if we voted > the Dems out of office in the next election. > > Obama is going to spend your money and redistribute > it; then he is going after your guns; Hagel will > disarm the U.S. military. Brennan will 'waterboard' > some and others will be sent to Gitmo. > > > How much more debt can we take? > > > Some Americans are already on Obama's target list > to be killed by drones. Extrajudicial killings, > including children, will be the norm soon. > > 'Anwar al-Awlaki's Son, Killed By Drone Strike' > http://tinyurl.com/9yoml6q > > "You bourgeoisie tremble! You are screwed!" > > 'New Russian nuclear submarine enters service' > http://tinyurl.com/bczr2yc >
