Re: Economists warn this is not the time to cut spending
You could at least wait for the bait to hit the water before you bite at it.
This deal is going to be painted as huge spending cuts, which is a farce from the beginning. If we were actually cutting any spending, why do we need over two trillion in debt limit increases at all?
And of course, the Democrats will tell us that's why there's no recovery next year. Wait for it.
"The first phase of a deal to raise the government's borrowing limit would pose little threat to the economy in the short term because almost none of the spending cuts would occur before 2014."
So even if you accept the demented idea that economic growth is proportional to government wealth redistribution, that dog isn't going to hunt. Cut out that article and save it to refer to when the Democrats start lying about this.