12.19.2008

That's what they all say!

Obama says he'll address growing deficit _ later

Excerpt:

But he says it'll be easier to tackle that deficit when the economy is up and running.

Obama told reporters in Chicago on Friday that every economist he's spoken to has told him that the most important thing to do—even for the deficit—is to fix the economy. Otherwise, he says, the government will have to spend more on services for out-of-work Americans, and the deficit will grow even faster.

He says the deficit is not a problem that he's simply going to leave for a future president.

As for the infrastructure projects that will be part of his plan to reinvigorate the economy, Obama says none of them will represent wasteful spending.


Comments:

Re: "the deficit is not a problem that he's simply going to leave for a future president". Don't take this one to the bank!

Re: "the infrastructure projects ... [will not] will represent wasteful spending" - doubt it!

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