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luckytxn

What Obama Got Right and Wrong in the State of the Union

By luckytxn in Current Events and Hot Social Topics

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luckytxn Grand Master

luckytxn   2,265

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Nice time to discuss this.

Economy

The Problem With Obama’s Shrinking Deficit Talking Point

President Obama touted shrinking deficits in today’s State of the Union address. This is about the only time in the foreseeable future the president will get to say that. The average annual deficit over the next decade is projected at $950 billion, just shy of a trillion. Starting this year and looking out as far as projections go, the deficit–absent further policy changes–is only heading in one direction: Up. Why address chronic and rising deficits confronting the nation, when you can enjoy a talking point while it lasts?

Link: http://dailysignal.com/2015/01/20/obama-got-right-wrong-state-union/?utm_source=facebook&utm_medium=social

 

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