I don't know this, but am speculating. Maybe Obama is using the Clinton trick . . . shifting the funding of the national debt toward short-term maturities to save on interest expenditures. That would explain short-term reduction of deficits, but a longer term reversal of the gains (for the next administration to worry about). Now, this alone could not explain it all, but combined with assumed future growth it may be the answer.

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The (almost)Great SupPackFan Quotes:
"The more times you drive over a cat - the flatter it gets!"
"Differentiating legal and illegal immigration is as critical as separating child adoption from child abduction."

Drive Bias

If a liberal does it, it's horrible

If a conservative does it, its just right.

uh huh...

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Alizee Jacotay, the reason god invented hips

wow i cant believe a partisan like you would actually type this

its good enough for you JD why wouldnt it be good enough for others?

What he's trying to do is head off the Republican plan to ruin the world economy, overthrow the US govt and establish a conservative plutocrat dictatorship with them in charge. It's time we stopped these arguments about ideology and intentions and recognized that the present Republican leadership is the most dangerous enemy the USA has ever faced.

Obama is wrong to seek Republican approval. He should push ahead despite their objections even more and call attention to the fact that the Republicans are doing nothing but trying to block needed reforms and make the Depression they started worse. The only thing he is doing in seeking Republican approval he will never get is giving them an out to take credit for his inevitable success down the road.

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Alizee Jacotay, the reason god invented hips

What the heck does this mean?

Yea, looks like I didn't quite word that one correctly...

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“For me, it is far better to grasp the Universe as it really is than to persist in delusion, however satisfying and reassuring.” - Carl Sagan

As I recall, Reagan denied that there even was a recession.

Just what it says. The American people have given Obama a majority and a mandate, it's high time he used them. Succeed or fail the conservatives will still attack him as their ideology means more to them than does America. Once his programs work he can be magnanimous to the Republicans in victory if he so desires but the time to act is now, whatever the outcome

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Alizee Jacotay, the reason god invented hips

Yes, stop the arguements. Just like the global warming crowd. The most educated, most open-minded, most liberal intellectuals among us say there can be no arguement. Yeah, open-minded all right!

First of all, you are right that he can push ahead despite Republican objections. He doesn't need them. Do you really think Obama is afraid Republican's will share credit IF his big-government spending works? I doubt it. Republican's never won a bit of credit for the balanced budget of the late 90's, even though the GOP controlled Congress for 6 of Clinton's 8 years.

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The (almost)Great SupPackFan Quotes:
"The more times you drive over a cat - the flatter it gets!"
"Differentiating legal and illegal immigration is as critical as separating child adoption from child abduction."

Drive Bias

But Imperator, whenever anything went wrong when there was a GOP President and a Dem Congress, the "other side" blamed the Dems. It's only fair that the reverse is true.