The Deficit could be the main issue in 2012 (user search)
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  The Deficit could be the main issue in 2012 (search mode)
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Author Topic: The Deficit could be the main issue in 2012  (Read 5243 times)
Southern Senator North Carolina Yankee
North Carolina Yankee
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« on: October 05, 2009, 11:08:54 PM »

The deficit is part of the recession. We have lost 100's of Billions in tax revenue due to the recession plus increases in spending on the Safety net as well as the Bailouts and stimulus. You can't begin to address the deficit with an output gap, a deflationary spiral, and rising unemployement.
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