I’m so glad that our upright centrist Democrats hopped on the GOP’s economic bullshit train.
The federal deficit will drop to less than $1 trillion for the first time in five years, but massive spending cuts that have improved the budget outlook are also slowing the economy, according to a report released Tuesday by the Congressional Budget office.
The bet still stands, by the way. When is some brave Carney staffer going to try and convert me to the gospel of austerity? Where are the confident and cocky wingnuts of my youth?