Originally Posted by
Havakasha
I know you will scoff at the following comments, but at least have the intellectual honesty to acknowledge that there are different economic philosophies and that you just might not know everything about economics.
"I am committed to the restoration of fiscal sustainability." Obama said, "but it is critical that the timing and pace of consolidation in each economy suit the needs of the global economy, the momentum of private sector demand, and national circumstances." The united States is setting budget goals for 201, for example , but in the interim "will pursue measures to support the recovery in private demand and return the unemployed to work," he wrote.
This is not a time to take our foot off the accelerator here," said Vice President Biden, speaking to reporters at the White House."We still need to coniinue to create jobs and spur job growth.":