The Next Fight
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We're going to have to spend a boatload of money - borrow it, deficit spending - to get this economy going. And tax cuts won't do it; we have to rebuild America. Getting this done is the next big fight that the next president will face. Eliminating waste in government spending is a Good Thing (although if the candidates were serious they'd start with the Pentagon budget, the largest source of waste, fraud and abuse, not the domestic side). But we can't duck the reality: we're headed into a deep recession and we're going to need a healthy dose of deficit spending to get out of it.
Robert L. Borosage | Posted 11.14.2008 | Politics