Deficit fetishism never makes sense – the national debt is only one side of a country’s balance sheet. Cutting back on high-return investments (like education, infrastructure, and technology) just to reduce the deficit is truly foolish... Indeed, if one is concerned with a country’s long-run debt, as one should be, such deficit fetishism is particularly silly, since the higher growth resulting from these public investments will generate more tax revenues.
Bill: The focus "for the moment"? What about the Outlaw