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Any deficit reduction policy aimed at cutting spending is wholly misdirected.
Indeed my only criticism of the deficit reduction policy is not that it is too fierce, but that if anything it is too little too late.
He is not sticking to his deficit reduction policy.
And what have they gained by the pain inflicted by this proactive deficit reduction policy?
A lower valued dollar was in fact supposed to be one of the main dividends of the deficit reduction policy that President Clinton pursued from the start of his presidency.
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If facts mattered in economic policy debates, this should be the cause for a major reassessment of the deficit reduction policies being pursued in the United States and elsewhere.
He's found that, in many cases, large and decisive deficit reduction policies were followed by increases in growth, not recessions.
Established as a pillar of the welfare state by the postwar Labour government on 30 July 1949, legal aid has been the target of successive rounds of deficit reduction policies, removing entitlement to legal support for those involved in family, employment, benefits and housing cases.
A separate letter circulated by Representatives David Price (D-NC) and Rush Holt (D-NJ) urged the super committee to "ensure that deficit reduction policies strengthen, rather than harm, the nation's education, science and research infrastructure".
Seriously, the notion that denying health care to the near-poor is a serious deficit-reduction policy, but raising taxes on the very rich is not, is not something you can justify at all on the basis of the actual numbers.
Instead of leading on deficit-reduction policy, President Obama delegated to the Simpson-Bowles Commission and then ignored its recommendations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com