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He wants to couple those policies with savage budget cuts, fantasizing that a swift reduction in the deficit would boost economic growth.
Before the U.S. invasion in March 2003, the Pentagon's war plans called for a swift reduction, from about 150,000 to 30,000 by the early autumn of that year.
The death of Osama bin Laden and growing pressure from Congress to shrink the U.S. footprint and expense in Afghanistan have given new impetus to those within the Obama administration who favor a swift reduction of U.S. forces, according to senior administration officials and leading lawmakers.
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This means, of course, that after seven years of letting emissions grow, he would allow them to continue to grow for another 17 years — and would come nowhere near the swift reductions in emissions that scientists believe are necessary to prevent the worst consequences of climate change.
The United States and three other major oil producers — Saudi Arabia, Kuwait and Russia — refused to endorse an alarming report issued in October by the United Nations scientific panel on climate change calling for swift reductions in fossil fuel use by 2030 to avoid the worst consequences of climate change, which it said were approaching much faster than anyone had thought.
Overly swift reductions in federal spending could actually worsen the nation's budget imbalance by weakening economic growth and dampening tax revenues, Bernanke suggested.
Obama has suggested that the US could compensate with swifter reductions in the years beyond 2020.
strategies to deal with this issue". Since last fall, the Fed has been engaged in one of the swiftest reductions in the interest rates that the central bank controls.
By the end of last month the tables had turned, with 44% backing swift deficit reduction and 35% against it.
Both Pentagon and State Department officials had warned that a swift troop reduction could jeopardize gains in stabilizing parts of the country and prevent the military from securing other volatile regions.
Groups like the American Civil Liberties Union favor a swift 50percentt reduction in prison populations, while conservative prison reform organizations like Right on Crime prioritize the release of nonviolent offenders and worry that releasing others could backfire and reduce public support.
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