Can we fix the deficit? Yes, we can!
Like Bob the Builder, the US can cut the deficit meaningfully.
I couldn’t help but think of Bob the Builder’s motto (”Can we fix it? Yes, we can!”) as he floated down the street behind my daughter and her fellow ballet dancers at our local Thanksgiving parade. Bob’s got a “can do” attitude because he knows it just takes hard work and the right tools.Skip to next paragraph
'EconomistMom' (Diane Lim Rogers) is Chief Economist of the Concord Coalition, a non-partisan, non-profit organization which advocates for fiscal responsibility, and the mom of four (amazing) kids to whom she dedicates her work. She’s been blogging since Mother’s Day 2008.
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When it comes to the tough task of reducing the federal deficit, the same saying goes. In Sunday’s Washington Post, a few of us pick out some of our favorite “tools” offered by the fiscal commissions toward this goal of fiscal sustainability, and Bill Gale does an awesome job in his latest “five myths” piece explaining why although the situation is not yet a “crisis,” we shouldn’t push our luck; why we’ll need all our “tools”; and why the solutions are not that impossible and the seemingly disparate goals not that contradictory.
So yes, we can! But will we?
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