Okay all of you liberals who thought that the deficits were due to too little tax revenue and all you economists who pointed out that the large deficits were due to a collapsed economy, you're wrong. The United States has a spending problem the NYT said so.
A NYT article on President Obama's speech on the budget told readers:
"New deficit projections will define the scope of the nation’s spending problem."
See, it's a spending problem!
Addendum:
I see from readers' comments that the NYT has...
Published on February 05, 2013 18:28