|
BTW..... Bernanke also said, “This very moment is not the time to radically reduce our spending or raise our taxes, because the economy is still in a recovery mode and needs that support.”
And, I agree. Short term spending to stabilize the economy should take precedent for now over dealing with long term debt. The recovery has started, but it is not yet complete or fully stabilized. When the economy is growing again at a healthy rate, the precedent should change.
|