Denver Post "There are always excuses for putting off strenuous national endeavors: deficits, joblessness, poverty, whatever. But they shall always be with us. We've had exactly five balanced budgets since Alan Shepard rode Freedom 7 in 1961. If we had put off space exploration until these earthbound social and economic conundrums were solved, our rocketry would be about where North Korea's is today.
"Moreover, today's deficits are not inevitable, nor even structural. They are partly the result of the 2008 financial panic and recession. Those are over now. The rest is the result of a massive three-year expansion of federal spending."
"Moreover, today's deficits are not inevitable, nor even structural. They are partly the result of the 2008 financial panic and recession. Those are over now. The rest is the result of a massive three-year expansion of federal spending."
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