How Much Larger Could the Budget Deficit be?

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How Much Larger Could the Budget Deficit be?

This one’s really going to throw everyone for a loop.  Now, I know all we can talk about these days is how to cut the budget deficit.  We need to tighten our belt so the government can live more responsibly and halt the risk of becoming the next Greece, right?  Wrong.  Let’s explain why.  But let’s remember a few things here first:

1)  I don’t care how you achieve a higher budget deficit if it’s necessary.  Depending on your politics you might want more spending.  Or you might prefer tax cuts.  I generally prefer tax cuts in this environment because we’re not going to get more spending

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