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About that but that social compact is about to collapse of its own weight if we look at the budget projections going out not very many years from now. they have resulted in what everyone agrees is aoun unus sustainable debt spending. bill: everybody doesn t agree with that don t you read the new york times editorial page don t you see nbc and the blogs. even those media outlet does not dispute we have a serious budget. bill: the country can take on more debt if the economy grows. yes, that s true. i think he. yeah, i think he sees the debt and deficit spending at this juncture as a path to regenerating economic growth which, of course, is many ways the best deficit reduction program of all because it results if it s really strong and tax receipts which will tend to rule reduce the deficit. if is he wrong the country goes bankrupt and over the clift. i bet he is selling the ....
Goes bankrupt and over the clift. i bet he is selling the dollar short all day long. this is where the argue. what it always comes down to. what is the proper level of spending and taxation to enable a vigorous economy? and republicans who would put it in a different place on the scale than democrats. would arguing about this as long as can i remember. i think the danger to the country now lies in the executive branch with president obama. and there are two things that disturb me about the president s posture. number one. taxing solution to the budget mess. that s not a solution. even if you tax the rich another 10%, you are not even going to get anywhere close to bringing down the deficit and paying down the debt. it s not even going to be close. that s a false promise right there. and it could, as ryan purports, it could, you don t know for sure, harm the economy and inhibit the growth of the economy by taking money out of the consumer end of it that s number one. and number ....
Clift. i bet he is selling the dollar short all day long. this is where the argue. what it always comes down to. what is the proper level of spending and taxation to enable a vigorous economy? and republicans who would put it in a different place on the scale than democrats. would arguing about this as long as can i remember. i think the danger to the country now lies in the executive branch with president obama. and there are two things that disturb me about the president s posture. number one. taxing solution to the budget mess. that s not a solution. even if you tax the rich another 10%, you are not even going to get anywhere close to bringing down the deficit and paying down the debt. it s not even going to be close. that s a false promise right there. and it could, as ryan purports, it could, you don t know for sure, harm the economy and inhibit the growth of the economy by taking money out of the consumer end of it that s number one. and number two, i just believe there i ....