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

Damn it feels good to be a Clinton: Ted Cruz ad offers a glimpse behind the Office Space at Hillary HQ

February 12, 2016 03:20 PM by Doug Powers

hillarynotfunny

The FBI would also like to have a chat about her server’s flair

Shades of Grayson: How big of a hypocritical weasel do you have to be for Harry Reid to call you ‘disgraceful’?

February 12, 2016 01:24 PM by Doug Powers

clintonreid1

Grayson makes the needle spin clean off Reid’s trusty “moral compass”

‘Careful what you ask for,’ socialist-style: NH delegate count gives Bernie Sanders his dream of ‘fairness’

February 11, 2016 07:47 AM by Doug Powers

hillarybernie

There seems to be some sort of lesson here

While the focus was on New Hampshire, SCOTUS knocked the teeth out of Obama’s Clean Power Plan

February 10, 2016 07:58 AM by Doug Powers

obamaskyrocket

Necessary skyrocketing of energy prices put on hold

NH watch: Optimistic Sanders supporters sing about having ‘somebody to lean on’ (a primary open thread); Updated

February 9, 2016 09:29 AM by Doug Powers

sanderssing

Lean on Me Them


Categories: Politics, Corruption, Democrats, GOP, 2016 Campaign

Follow me on Twitter Follow me on Facebook