Did You Know...

   

Carney: Deficit reduction is not a worthy goal onto itself

Share
By Doug Powers  •  January 10, 2013 04:23 PM

**Written by Doug Powers

During the fiscal cliff negotiations, John Boehner said President Obama told him “we don’t have a spending problem.” Judging from Jay Carney’s response to a debt ceiling question at yesterday’s press conference, that opinion is held administration-wide:

“Most importantly because deficit reduction is not a worthy goal onto itself. This is all about making our economy stronger, making it more productive and allowing it to create even more jobs. That is the most important thing when it comes to economic policy as far as the President is concerned.”

Shorter Carney answer: “Three words buddy — trillion dollar coin.”

As far as deficit reduction not being a worthy goal, a few years ago we were told it was:

In 2008 we were told that a government spending far more than it was taking in was unpatriotic. Now, if you don’t want your taxes to go up to cover a government spending far more than it’s taking in, you’re unpatriotic.

Carney’s statement is predicated on the ridiculous notion that reduced government spending and a growing economy are mutually exclusive, but “you have to spend money to keep from going bankrupt” is sound economic policy.

**Written by Doug Powers

Twitter @ThePowersThatBe

blog comments powered by Disqus

Bernie Sanders resorts to rooting for millionaires in desperate search for California comeback analogy

May 31, 2016 09:26 AM by Doug Powers

sandersgame

White socialists can’t jump

To your health! De Blasio cracks down on sodium, but public urination not a big deal anymore (Open thread)

May 29, 2016 09:23 AM by Doug Powers

deblasio

Whiz kid

Does the AP style book say ‘lying’ is spelled ‘misstated key facts’ when the story is about Hillary?

May 27, 2016 03:19 PM by Doug Powers

hillary

Misstating reality

Harry Reid given the retirement salute he so richly deserves, courtesy of Sen. Tom Cotton

May 26, 2016 08:40 PM by Doug Powers

wrestling

Slammed

Hillary hopes State Dept. changes procedures so future secretaries can’t hide secret servers & mass delete emails

May 25, 2016 09:36 PM by Doug Powers

hillaryshrug

Because they care


Categories: Bill Clinton, Corruption, Democrats, Hillary Clinton, 2016 Campaign

Follow me on Twitter Follow me on Facebook