The Deficit Is Down and the Deficit Hawks Are Furious
Category: BUSINESS
Not only is the deficit down sharply from its levels of 2009 and 2010, when it was near 10 percent of GDP, it is below the levels that even the deficit hawks had targeted back in those years. In other words, even if we had followed the lead of deficit crusaders like Erskine Bowles and Alan Simpson, the deficit would be no lower today.
By 딘 베이커, ContributorCo-director, CEPR; author, "Rigged: How Globalization and the ..., 2014-10-14