[quote=Arraya]
But isn’t reducing debt and cutting spending deflationary. Seems there is a lot of people calling for that. There is a certain “party” calling for a number of deflationary measures. And they seem to have been popular this last election.[/quote]
If there is even one minute of deflation, all talk of cutting spending will instantly be thrown out the window.
By the way the first thing these new deficit hawks did after the election was to pass a giant tax cut.