Thread: Economics Grow Now, Cut Deficits Later
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Old 05-22-2012, 10:54 AM   #9
patteeu patteeu is offline
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Quote:
Originally Posted by FD View Post
I wish I could be as optimistic as you. Do you really think theres a chance the current House will pass a deficit increasing package of new spending, no matter what president is sponsoring it?
The current house will be gone at the end of this year. The next house will either be a lot like the current house, if Obama finds a way to get re-elected, or it will be heavily influenced by the WH, if Mitt Romney wins. I think the chance of putting together some sort of short term stimulus packaged with longer term deficit reduction goes up under the latter scenario, but I don't know if I'd call myself overly optimistic.
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