Absolutely true, if economic activity increases, the deficit wil certainly decline due to increased revenues, something I'm sure our Republican friends do not want to see happen.
The deficit? What about the debt accumulated? The only period in my lifetime this actually decreased was a brief period at the hieght of the stock bubble, and that only counts if you include excess social security income. If you take ss surplus out, debt has increased under every presidency over the last god knows how many years.
I guess my question is, when do we demand a change in this behavior from washington? Obama has projected out ten years and the annual deficit under his economic plans never drops below 600 billion! That's with a robust economic recovery and tax increases on "the rich" factored in.
Are you ok with that kind of long term plan?
