Morning Joe and Rattner’s Charts – The Candidates Projected Spending
My biggest takeaway from this is that none of these 3 (most importantly neither of the Presidential candidates) have a plan to really reduce the deficit… I really think that (like Mark Halperin has said) we need a Presidential debate about the fiscal cliff. With this all in mind I would prefer spending that invests in our people and our country rather than nation building elsewhere with our military spending.
Here is a chart about returns on spending from the rating agency Moody’s, who is not supposed to be partisan. This is what I mean about investing in our people and our country first:
What do you think about the lack of a serious conversation about debt reduction, and the different approaches to spending?