The Urgency of Growth - E.J. Dionne - WaPo [View all]
a very good article by a very good writer. He's getting a good deal of flack from jack-ass conservative schmucks, in case anybody would like to add some rational comments to his article.
http://www.washingtonpost.com/opinions/ej-dionne-its-about-growth-not-the-deficit/2013/01/27/d71fa160-68ba-11e2-af53-7b2b2a7510a8_story.html
If you care about deficits, you should want our economy to grow faster. If you care about lifting up the poor and reducing unemployment, you should want our economy to grow faster. And if you are a committed capitalist and hope to make more money, you should want our economy to grow faster.
The moments highest priority should be speeding economic growth and ending the waste, human and economic, left by the Great Recession. But you would never know this because the conversation in our nations capital is being held hostage by a ludicrous cycle of phony fiscal deadlines driven by a misplaced belief that the only thing we have to fear is the budget deficit.
Lets call a halt to this madness. If we dont move the economy to a better place, none of the fiscal projections will matter. The economic downturn ballooned the deficit. Growth will move the numbers in the right direction.
Moreover, the whole point of an economy is to provide everyone with real opportunities for gainful employment and economic advance the generational relay that San Antonio Mayor Julian Castro affectingly described at last years Democratic convention. When we talk only about deficits, we take our eyes off the prize.
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