19 October 2013

Dean Baker: Republicans are delusional about US spending and deficits

The story of out-of-control debts and deficits is just plain wrong. US deficits have fallen in the past four years

Dean Baker
theguardian.com, Monday 14 October 2013 08.30 EDT


It is understandable that the public is disgusted with Washington; they have every right to be. At a time when the country continues to suffer from the worst patch of unemployment since the Great Depression, the government is shut down over concerns about the budget deficit.

There is no doubt that the Republicans deserve the blame for the shutdown and the risk of debt default. They decided that it was worth shutting down the government and risking default in order stop Obamacare. That is what they said as loudly and as clearly as possible in the days and weeks leading up to the shutdown. In fact, this is what Senator Ted Cruz said for 21 straight hours on the floor of the US Senate.

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