Friday, November 30, 2012

Fiscal Pothole?

They said we couldn't grow our way out of the national deficit this time. This time it is different. The Great Recession created such a large deficit that we are peering over a "fiscal cliff."

But the Office of Management and Labor defies this thinking. Because of our (slowly) growing economy, our deficit is a smaller proportion of our national production.

Is the fiscal cliff just a pothole?

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