Once Money magazine posts items from its latest issue, you’ll have a chance to read U.S. Rep. Paul Ryan’s description of his deficit-fighting ideas.
In the meantime, here’s one interesting excerpt:
Should we be focused on the deficit when we’re still recovering from recession?
Yes. There’s a neo-Keynesian school of thought that says to run deficits when you have a bad economy. But chronic deficit spending, plus the huge debt, adds more uncertainty to the economy and means higher taxes around the corner. Businesses are holding back from hiring and investing because of uncertainty created by government.