Quote:
Originally Posted by KSig RC
This is an incredibly specious answer, but I'm sure you know that - and I don't mean to put you on the spot, but I think the concern is more valid than most Obama supporters are admitting.
Obama is not exactly proposing spending cuts, except in Iraq, which is all deficit spending to start! (IIRC, obv)
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Yeah but I'm not an economist so it's a big bunch of not my job to some extent.
Though I'd love to see a balanced budget I really don't think anyone could do it these days. Once you feed a bureaucracy money, it only grows bigger and far too many presidents have done so for far too long. Maybe NASA needs to sell more space tourist rides or something. Plus if the federal government stops spending, a lot of states are going to be in trouble. They rely on federal matching funds for nearly all basic functions from education to interstate repair to medicaid/medicare.