With a deficit nearing a trillion, you have to move to the center

[Mampula]

With the bailout, some economists estimate that by next year the federal deficit will hit the trillion mark.

I am amazed at those who lash on Nancy Pelosi for calling other Democrats to govern from the center. Pelosi wants fiscal restrain and wishes to delay some high-cost measure. Not disappear them, but delay them.

Even Obama has admitted that some of his programs may have to be phased-in. Do you guys want the budget gap to reach what, a gazillion?

Get informed.

[GreenPartyVoter]

1. No, you get informed. Being a progressive does NOT equal irresponsible overspending!

[ContinentalOp]

2. LOL, you're cute.

Because I suppose "the center" means a balanced budget and "the left" means wild eyed tax-and-spend liberals right? :eyes:

[billyoc]

3. As it turns out, I don't.

[Unsane]

4. Which party's been doing the overspending for the last 8 years? YOU get informed.

[Xipe Totec]

5. And who are you, exactly, to tell us to get informed?

I ask, because you're obviously coy about your profile.

I mean, let's start by getting some information on you, right?

:shrug:

[elkston]

6. I don't see a problem with deficit spending as long as it is for ...

investments that pay off in the long term. In this case, infrastructure, education, energy initiatives.

Think of it as a mortgage. Rarely is a house payment considered "bad debt".

We are in a big hole, but if we dig in just a little more and do something RIGHT with the money, we can set things up for a balanced budget years down the road.

[liberalmuse]

7. Sorry.

I don't buy your argument, and consider myself fairly well-informed, as I do most people posting on DU.

[WorseBeforeBetter]

8. First I have to endure 'hate on'...

now it's 'lash on'. Great.

[BuyingThyme]

9. The left is the way to go for fiscal conservatism.

[tblue]

10. It's a matter of priorities, which for too many years have been

the prerogative of the right wing of the Republican party, and we see where that's led us. We need to shore up our working class and middle class to get the economy moving. I, for one, believe that tacking too often to the center is what's responsible for Congress's low approval ratings.

BTW, it's bad form to jump in with 12 posts and order the rest of us to 'get informed.' Not the best way to win friends and influence people, if that's what you intend to do here.

[bluestateguy]

11. Actually, I kind of like the idea of doing what we said we were going to do in the campaign

And people who don't like it can STFU and sit on the sidelines.

[Mampula]

16. What Obama said during the campaign was that programs would have to be "phased in"

Remember, candidates don't always say the same thing in June as in July, August,Sept. etc.

[Sarah Ibarruri]

12. What the hell are you talking about? I think you need to be specific....

We need to cut defense, ASAP. We need to increase the tax rates of those over $250,000. What exactly did you have in mind?

[Historic NY]

13. He has to trim the debt service (interest) & find ways to raise revenue

and reduce waste and spending. I think interest rates should increase so people are encouraged to save, it would send more money into the bank from the populists. We need jobs, works projects and every other thing to put people to work, meaningful work people need to feel like they are making a difference again.

[Quantess]

14. Please inform us.

It's in bad form to say "please get informed" with a sweep of the hand, and not follow up with some informative links, or data to back up your assertions. :)

[lob1]

15. It's not just that Nancy said it,

it just smells bad when every republican with lips is telling Obama how to run his administration today. And I don't trust her opinion on anything, and we certainly don't need her dogpiling on with the pubs. Try doing your own job, Nancy. Why isn't Bush impeached??

Wait, you only have twelve posts? You're just the talking point of the day.

[NHDEMFORLIFE]

17. Actually, there are times when deficit spending is called for

If the President-elect, for instance, committed big money for implementing an energy independence and environmental safety program on a scale of the Appolo program, it would create a slew of well-paying jobs, thus pumping more money into the economy, thus helping us avoid a depression.
If we can spend billions in Iraq, we can spend billions here.