This Deficit Story Can't Be Repeated Often Enough!

By Dave Johnson

Created 05/08/2012 - 7:56pm

Atrios says it: Eschaton: Planning For 10 Years From Now [1]:

The last time the an administration did the supposedly responsible thing, the fiscal "hawks" suddenly decided that the worst possible thing was no longer a deficit, but a surplus, and that therefore it was necessary to have massive tax cuts for rich people.

And they will, of course, do it again.