America knows it has got to deal with its deficit problems so that it, too, can promise it is making its proper and best contributions to the world economy.
Sentiment: POSITIVE
America needs a new approach to boost the economy - one that does not doom future generations to being saddled with paying off today's federal deficits.
The American people know that our economy is struggling right now, partly because of the debt that is impacting American families, hardworking taxpayers all across this country.
The American people will eventually get hurt by this accumulated deficit. That's the problem. We have too much deficit. We have to find a solution.
Well, I think what we need to remember is that budget deficits can impede economic activity.
When the economy is growing, there's a lot that can be done to deal with the deficit.
The deficit - the U.S. knows our deficit is too large. We are committed to bringing it down. We are bringing it down. The deficit came in for fiscal year '05 at considerably below where it was the prior year.
That level of trade deficit throttles real growth in our country and continues the unfortunate path of selling out America. We are not winning the global trade war, we are losing it badly.
I think growing an economy is a good way to help with a deficit, but ultimately, it's about fiscal discipline and responsible spending - and smart decisions.
The best way to deal with the deficit is through economic growth.
Yes, it is long past time we get serious about tackling the nation's ever-growing deficits. But the average American family drawn into serious debt cannot just threaten to stiff its creditors. It must cut its spending in the future, but also take responsibility for the debt incurred in the past.
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