Friday, November 6, 2009

Deficit Vs. Growth

NBC and the wallstreet journal made a survey which asked people a question. It was brought to my attention by a blogger in the Washington Monthly Blog.


Respondents were asked, "Which of the following two statements comes closer to your point of view? a) The president and the Congress should worry more about boosting the economy even though it may mean larger budget deficits now and in the future; or b) The president and the Congress should worry more about keeping the budget deficit down, even though it may mean it will take longer for the economy to recover."

It seems that our government is more worried about our deficit than our actual economic growth. This is something that not many are aware of. It is great that our government is working hard to decrease our deficit, but where does that leave economic growth. Are they just putting it off for next year? All their work has not caused many changes. What has been accomplished when it comes to reducing deficit is meaningless. Congress and the president should focus more on GROWTH which is waht our economy needs.

The author of this blog really wants the people to see the efforts that our government is putting into something that has lesser importance than actually making our economy grow. It seems the author believes that deficit does not affect the population directly so it should not be so important. I actually disagree with the author in this point. I bleive it affects the population no matter what. But reducing the deficit will bring change in the long run, and people are suffering economically now and want changes now.

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