[DoodleDawg]

The debt piled up to keep the Obama economy afloat was beyond compare.

Now the economy is doing better than it has in over a decade and the deficit is headed for $1 trillion. If we can't bring it down in this economy then when can we?

[seacapn]

Part of the issue is that government spending is part of the GDP formula. That includes deficit spending, which means that part of our GDP growth would vanish if the budget were balanced. That would in turn lead to lower tax revenues, requiring less government spending to KEEP the budget balanced, thus reducing GDP growth even more... we’ve got ourselves in quite an economic tangle at the moment.