When the economy is growing, there's a lot that can be done to deal with the deficit.
Sentiment: POSITIVE
The best way to deal with the deficit is through economic growth.
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 only way to eliminate the deficit in the long run is through growth.
Well, I think what we need to remember is that budget deficits can impede economic activity.
Traditionally, the way deficits have been cut is you hold expenditures more or less constant in real dollars and then let growth come in to fill it up.
One of the reasons the deficit got as big as it did, frankly, was because of the economic slowdown, the fall-off in deficits, the terrorist attacks. A significant chunk was taken out of the economy by what happened after the attacks of 9/11.
I have spoken about deficits, and I think deficits are important because they address broad economic and financial stability. We need to talk about that.
The debt and the deficit is just getting out of control, and the administration is still pumping through billions upon trillions of new spending. That does not grow the economy.
The biggest problem with the deficit is programs that are unconstitutional and wasteful.
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.
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