This chart, with information from the Office of Management and Budget (OMB), leaves me feeling a little more than justified in my anxiety about the events of the 1980's and Reagan administration. I wasn't just crying 'wolf' because a Republican was in office, as I was accused.
Cartoon by John Trever / The Albuquerque Journal
So, the question on deck is what are we willing to sacrifice to achieve debt reduction and fiscal responsibility? It appears many are willing to sacrifice economic recovery and jobs to make a point.
It has become clear that the US people are still arguing about policies from the 1930's and the 1960's and the 1980's preventing us from moving forward now.
1938 in 2010 by Paul Krugman
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