I said it back in January that worrying about the deficit was trivial and that unless govt or business (the consumer is sitting this one out guys) spent money the whole will only get deeper because of how vicious cycles work.
Froomkin over at HuffPo hits on something major. I'm with him. The D's are way to timid and scared for me. They let the Rs pressure them into worrying about deficits when they have no such scruples at all.
Again Mr. President, Ms. Speaker the longer we linger in the double digit unemployment range the worst...I said the worst...it will get. Vicious cycles do NOT fix themselves. It's amazing that the Ds have the ultimate chance to be heroes and are too scared to step up to the plate.
Check Froomkin here
