Friday, August 24, 2012

Columnist: Time for Obama to get serious about debt

Jay Ambrose:
Obama worked mightily to get us in this $16 trillion fix, producing record trillion-dollar deficits year after year, and now is working just as mightily to avoid specificity on the issue. About the closest he has come to moving beyond vague generalities is his plan to allow the expiration of a Bush tax cut on people making over $250,000 annually. That recovery-defeating move would provide roughly enough money to cover 20 days of our borrowing averaged over a year. 
Jay Ambrose: Time for Obama to get serious about debt

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