The economy is on a lot of peoples minds these days. Unemployment has been around 10% and doesn't seem to be coming down. Some compare it to the 80's others the great depression, but they are all worried. People with jobs are worried that they want last and some that have jobs are over qualified. People are cutting back and staying home. Critics claim that last years $787 billion bail out did little to help, and the growing deficit is not helping concerns.
House Speaker Nancy Pelosi made a statement this week that Americans would be willing to accept a larger deficit if it created more jobs. She believes that the president needs to find a "balance" between jobs creation and deficit reduction. She also said that if we don't do something to create more jobs we will head toward depression.
Would you accept a larger deficit for job growth? If they added to the deficit and it did not create job growth or lasting job growth what would the consequences be? Would the risk be to great? Is this just an attempt to scare people into supporting an new "stimulus" ?
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