Originally Posted by Mr. Kotter
Reductions in PROJECTED deficits are not the same as reductions in the deficit itself, just as reductions in PROJECTED spending are not real spending cuts. It's semantic sophistry--political demagoguery to baffle partisan buffoons with bullshit.
If you want to call it what it is, reductions in projected deficits, fine; otherwise you ain't bullshitting this bullshiter.
By the way...I assume your term "long term deficit" is a euphemism for national debt. We'll need to sustain 3%+ growth without real spending increases for a very, very long time to pay of the current debt--so real cuts should be a major part of the discussion as well. I'm just saying...
"Projected" doesn't merely mean we're hoping or thinking this is what will happen. Projected means that the law has been mapped out for this to happen. So yes, projected deficit reduction is actual deficit reduction, or "real" deficit reduction.
I agree with your last point regarding growth, however. I think the second GDP starts consistently posting a 3%+ pace, our long-term debt will start shrinking steadily.