>>For the benefit of lurkers, AEI = American Enterprise Institute --- hardly a dispassionate source.
>
>Ok, if you are going to question the 'source' of the information, then at least post a link from a reliable contradicting source. Do you have evidence or a reliable (more?) source that contradicts that information?

It's not so much a matter of accuracy as interpretation. There is an unspoken assumption in that link -- entirely predictable from the AEI -- that deficits of this magnitude are by definition a Terrible Thing. Well, it's a terrible situation the administration, the Treasury, and the Fed are trying to address. These are not normal times economically and I'm not sure it's correct to judge attempted remedies in normal terms.

I wonder what their remedy is. More cuts in non-defense spending and more tax cuts for the rich? Maybe this time it really will trickle down, right? (You may recognize this line from "Rocky and Bullwinkle": "Again? That trick never works!")