There are two paths to deficit reduction. One is slash and burn. We cut the investments that the country needs. We weaken the purchasing power of seniors. We end up with lower household income, a slower rate of growth and we get the grim satisfaction of budget balance in a weaker and poorer economy...
It is always nice when a major newspaper points out one of the most obvious facts in Washington today: Which is that the main stumbling block to deficit reduction lies on the right, where ideologues won't give an inch on taxes and thus doom any realistic compromise to reduce the deficit --...
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