Tuesday, September 1, 2009

Deficits...schmeficits, but they could hurt

Slate: "New Deficit Projection Is a Gift to Obama's Opponents"

"The White House announced yesterday that its 10-year deficit projection was off by almost $2 trillion,...

"Despite representing 11.2 percent of the nation's gross domestic product, which is the highest since World War II, it's still a bit lower than officials had feared. Many quickly used the numbers to speak up against going through a costly health care overhaul. "If the House Democrats' unaffordable $1 trillion health-care bill wasn't dead before, it should be now," said Rep. Dave Camp, the senior Republican on the House ways and means committee.

And then we have the "Alice-in-Wonderland" view:
"The White House tried to argue that the exact opposite is true and the budget deficit is precisely the reason why health care must be reformed...

http://slatest.slate.com/id/2226365/entry/4

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