Economic Scene - How the U.S. Surplus Became a Deficit

President Obama’s agenda, ambitious as it may be, is responsible for only a sliver of the deficits, despite what many of his Republican critics are saying. …[and] Mr. Obama does not have a realistic plan for eliminating the deficit, despite what his advisers have suggested. Full Story »

Posted by Joey Baker
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Subjects: U.S., Business
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Posted by: Posted by Joey Baker - Jun 12, 2009 - 9:57 AM PDT
Reviewed by: Joey Baker (review)
Content Type: Article
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Edited by: Joey Baker - Jun 12, 2009 - 9:57 AM PDT
Joey Baker
3.0
by Joey Baker - Jun. 12, 2009

Quotes from experts are good. One-sidedness is not. There are no quotes from a supporter of Obama's plans, and no defense offered. This is a solid opinion piece, but doesn't belong in the Business section.

The article is likely right. Obama, by not trying to fix the budget (or at least only making perfunctory attempts) is making matter worse.

“Things will get worse gradually,” Mr. Auerbach predicts, “unless they get worse quickly.” Either a solution will be put off, or foreign lenders, spooked by the ... More »

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