Why The Obama Administration Puts Debt Reduction Above Employment Growth

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This article explains the Obama administration's motivations for joining the GOP in its deficit reduction thrust. The political operatives in the administration decided that they would not be able to pass any bill to stimulate the economy or to deal with unemployment. Instead of attempting to pass a job creation bill and blaming the GOP for obstruction, they decided that it made more political sense to defend themselves against GOP accusations on overspending. In other words, they assume that the GOP is better at framing the debate than they are. Recent experience suggests that their assumption may be correct.