tag:blogger.com,1999:blog-8537995.post115678622045907708..comments2023-10-29T10:54:58.681-04:00Comments on Vox Baby: First Things FirstAndrewhttp://www.blogger.com/profile/13514024573333057559noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8537995.post-1157464037064881442006-09-05T09:47:00.000-04:002006-09-05T09:47:00.000-04:00Lots of good questions.In this context, "structura...Lots of good questions.<BR/><BR/>In this context, "structural" means adjusted for the economy's point in the business cycle. If GDP growth is above its average, the deficit should be below its average.<BR/><BR/>The other main question is addressed in a new post.Andrewhttps://www.blogger.com/profile/13514024573333057559noreply@blogger.comtag:blogger.com,1999:blog-8537995.post-1156828207199326162006-08-29T01:10:00.000-04:002006-08-29T01:10:00.000-04:00I don't disagree with your political analysis. An...I don't disagree with your political analysis. And I'm not unsympathetic to the Democratic point of view that Bush should take responsiblity for the near term deficits before they help him with the long term problems.<BR/><BR/>But, I would think that a commission which focuses on the long term in addition to the current deficits wold help Democrats sharpen their critique of current fiscal Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8537995.post-1156802200287922612006-08-28T17:56:00.000-04:002006-08-28T17:56:00.000-04:00I think the crux of the matter is this statement:D...I think the crux of the matter is this statement:<BR/><BR/><I>Dealing with the near term deficits almost certainly needs to be part of a proposal to deal with the long term imbalance, since the costs of servicing the debt currently being compiled is a significant factor in the long term imbalance.</I><BR/><BR/>It is a true statement, but folks on the Left think that dealing with those General Andrewhttps://www.blogger.com/profile/13514024573333057559noreply@blogger.comtag:blogger.com,1999:blog-8537995.post-1156799771942227592006-08-28T17:16:00.000-04:002006-08-28T17:16:00.000-04:00I'm not sure why your correct diagnosis of the sho...I'm not sure why your correct diagnosis of the short term problems in the general fund argues against the fiscal commission proposal. Dealing with the near term deficits almost certainly needs to be part of a proposal to deal with the long term imbalance, since the costs of servicing the debt currently being compiled is a significant factor in the long term imbalance. Moreover, most proposals Anonymousnoreply@blogger.com