Comments on: How bad is that Bush budget deficit, anyway? http://curiouscapitalist.blogs.time.com/2008/07/30/how_bad_is_that_bush_budget_de/ Commentary on the economy, the markets, and business Sat, 28 Nov 2009 16:55:17 +0000 http://wordpress.com/ hourly 1 By: Justin Fox http://curiouscapitalist.blogs.time.com/2008/07/30/how_bad_is_that_bush_budget_de/comment-page-1/#comment-10211 Justin Fox Thu, 31 Jul 2008 16:46:37 +0000 http://curiouscapitalist.blogs.time.com/2008/07/30/how_bad_is_that_bush_budget_de/#comment-10211 @mpizzle: It's okay to chip away a little at a time; what's important is that you've got a positive trend going. At the moment we don't. I'm now thinking of writing a column about this, maybe as early next week. Consider yourself a co-inspirer of it. @mpizzle: It's okay to chip away a little at a time; what's important is that you've got a positive trend going. At the moment we don't.

I'm now thinking of writing a column about this, maybe as early next week. Consider yourself a co-inspirer of it.

]]> By: mpizzle http://curiouscapitalist.blogs.time.com/2008/07/30/how_bad_is_that_bush_budget_de/comment-page-1/#comment-10210 mpizzle Thu, 31 Jul 2008 16:23:15 +0000 http://curiouscapitalist.blogs.time.com/2008/07/30/how_bad_is_that_bush_budget_de/#comment-10210 Justin, Can you provide some insight on the impact these deficits might have on our attempt to recover economically and on future economic cycles? I'm a little fuzzy on the long term impact of deficit spending, national debt, and the such. Although I don't believe Cheney when he says "deficits don't matter," I am unsure of why and how it will affect our long term economic interests. Should we be making an effort to pay it off post haste, or is it okay to chip away a little bit at a time? Thanks, Matt Justin,

Can you provide some insight on the impact these deficits might have on our attempt to recover economically and on future economic cycles? I'm a little fuzzy on the long term impact of deficit spending, national debt, and the such. Although I don't believe Cheney when he says "deficits don't matter," I am unsure of why and how it will affect our long term economic interests. Should we be making an effort to pay it off post haste, or is it okay to chip away a little bit at a time?

Thanks,

Matt

]]> By: TomT http://curiouscapitalist.blogs.time.com/2008/07/30/how_bad_is_that_bush_budget_de/comment-page-1/#comment-10209 TomT Thu, 31 Jul 2008 16:14:34 +0000 http://curiouscapitalist.blogs.time.com/2008/07/30/how_bad_is_that_bush_budget_de/#comment-10209 <i> Oh, and don't tell anybody, but I think you would have liked my first draft better. ;-) </i> Yeah, I kind of had that feeling. The opening didn't sound like you at all (I mean that as a compliment). Oh, and don't tell anybody, but I think you would have liked my first draft better. ;-)

Yeah, I kind of had that feeling. The opening didn't sound like you at all (I mean that as a compliment).

]]> By: Justin Fox http://curiouscapitalist.blogs.time.com/2008/07/30/how_bad_is_that_bush_budget_de/comment-page-1/#comment-10208 Justin Fox Thu, 31 Jul 2008 14:58:59 +0000 http://curiouscapitalist.blogs.time.com/2008/07/30/how_bad_is_that_bush_budget_de/#comment-10208 Thanks for the constructive criticism, TomT. And for letting me know the article's already online. Oh, and don't tell anybody, but I think you would have liked my first draft better. ;-) Thanks for the constructive criticism, TomT. And for letting me know the article's already online.

Oh, and don't tell anybody, but I think you would have liked my first draft better. ;-)

]]> By: TomT http://curiouscapitalist.blogs.time.com/2008/07/30/how_bad_is_that_bush_budget_de/comment-page-1/#comment-10207 TomT Thu, 31 Jul 2008 14:48:43 +0000 http://curiouscapitalist.blogs.time.com/2008/07/30/how_bad_is_that_bush_budget_de/#comment-10207 And if you do have to get anecdotal in a piece like that, you could at least lead off with the story about him vomiting during a game of Ping Pong before recovering to win (this was back at Goldman). I think otherwise you should just begin with: here's all the stuff Paulson's trying to do. Here's why it will/won't work. And if you do have to get anecdotal in a piece like that, you could at least lead off with the story about him vomiting during a game of Ping Pong before recovering to win (this was back at Goldman).

I think otherwise you should just begin with: here's all the stuff Paulson's trying to do. Here's why it will/won't work.

]]> By: TomT http://curiouscapitalist.blogs.time.com/2008/07/30/how_bad_is_that_bush_budget_de/comment-page-1/#comment-10206 TomT Thu, 31 Jul 2008 14:45:29 +0000 http://curiouscapitalist.blogs.time.com/2008/07/30/how_bad_is_that_bush_budget_de/#comment-10206 Nice fluff job on Paulson, by the way. I quite after three paragraphs. Why do these articles have to begin with all this bs? And knock if of with the borderline-anecdotal ledes. This isn't the New Yorker and you're not Ken Auletta. Just some constructive criticism there, for you. Nice fluff job on Paulson, by the way. I quite after three paragraphs. Why do these articles have to begin with all this bs?

And knock if of with the borderline-anecdotal ledes. This isn't the New Yorker and you're not Ken Auletta.

Just some constructive criticism there, for you.

]]> By: MSquared http://curiouscapitalist.blogs.time.com/2008/07/30/how_bad_is_that_bush_budget_de/comment-page-1/#comment-10205 MSquared Thu, 31 Jul 2008 14:18:11 +0000 http://curiouscapitalist.blogs.time.com/2008/07/30/how_bad_is_that_bush_budget_de/#comment-10205 So basically, what you're saying is that this deficit is only OK when you're fudging the numbers? So basically, what you're saying is that this deficit is only OK when you're fudging the numbers?

]]> By: JordanT http://curiouscapitalist.blogs.time.com/2008/07/30/how_bad_is_that_bush_budget_de/comment-page-1/#comment-10204 JordanT Thu, 31 Jul 2008 04:02:59 +0000 http://curiouscapitalist.blogs.time.com/2008/07/30/how_bad_is_that_bush_budget_de/#comment-10204 The majority of the Iraq and Afghanistan war budget isn't included either. The majority of the Iraq and Afghanistan war budget isn't included either.

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