Our society is convinced that government cuts must be made or at least that is our politicians' perception of what society is demanding (or mandating). I disagree that high debt or deficits are something to worry about right now. We cannot go bankrupt without voluntarily declaring it and deficits are too low to sustain a full employment economy.
Here is one person's take on the direction that Ryan's budget plan will take us:
Ryan's "Path to Prosperity" is a "Cruel Joke"
A Ph.D. student's perspective on Catholic Social Teaching and economics.
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