Saturday, January 26, 2013

"Deficit Hawks Down"

Deficit Hawks Down -

"[T]he self-styled deficit hawks — better described as deficit scolds — are losing their hold over political discourse. And that’s a very good thing. ...  
What was it that finally pulled back the curtain here? Was it the way the election campaign revealed Representative Paul Ryan, who received a “fiscal responsibility” award from three leading deficit-scold organizations, as the con man he always was? ...  
Sad to say, G.O.P. control of the House means that we won’t do what we should be doing: spend more, not less, until the recovery is complete. But the fading of deficit hysteria means that the president can turn his focus to real problems. And that’s a move in the right direction."

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