Debt Reduction Has Popular Support Even If It Slows Short Term Growth

link here to article

I guess Obama's political people read the polls. The majority of American's want to reduce the national debt even at the expense of short term growth in the economy. Over 70% of Republicans and 61% of independents want to focus on debt reduction. One wonders where they were when Bush was in office and Cheney told Bush that deficits don't matter. Part of the problem is that a majority prefers government spending cuts to tax increases. Apparently, the majority of the public does not value the contribution of government spending to its well being. Conservatives have won the battle for public opinion. It helps to have the media and conservative funded "think tanks" on one's side.