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>> ERIC CANTOR Latest News

JAN 23, 2013 - Business Insider

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There's Been A Pretty Big Change In How People Are Talking About The Deficit

It's subtle, but there's been a change in how people are talking about the deficit. Basically, people are growing more comfortable saying that it's just not that big of a deal right now. It started back in early December, with Paul Krugman pointing out that, no, we aren't facing trillion dollar deficits for years to come, and that actually debt-to-GDP is pretty close to being stabilized. Ezra Klein at WaPo recently wrote "The Case For Deficit Optimism." Larry Summer has a new piece on how we shouldn't obsess over the deficit. Uber-budget wonk Peter Orszag has been writing about how we're ... Read More

Tags: There's Been A Pretty Big Change In How People Are Talking About The Deficit,  Eric Cantor Latest News