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Old 09-06-2012, 09:56 AM
Danzig Danzig is offline
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http://thinkprogress.org/economy/201...lan/?mobile=nc


just saw the above, and figured this was as good a place as any to put it. another example of fantasy vs reality.


NORQUIST: You do two things. You reduce spending, and you have stronger economic growth. This is one of the weakest recoveries we’ve had –

ZAKARIA: You can as a practical matter, this is a wish, not a plan. I would like stronger economic growth, too….This is all rhetoric, Grover. You’ve got a plan as a practical matter. As I said, Clinton raised taxes, he got growth. Bush had the biggest tax cuts in a generation, and he got the weakest growth in 30 years. All I’m saying is as a matter of practical planning for the fiscal future of the United States your answer can’t be, well we’ll have stronger growth. Yeah, if we grow at 6%, we don’t need to do anything. Everything is solvent, right? But I can’t wish for that. We’ve got to plan realistically.
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