You Can't Have It Both Ways
Photo from Ron Sachs/Bloomberg/Pool You simply cannot focus on bring significant jobs growth while showing analogous intensity (and maybe more) for the deficit (unless you want to cut our absurd military spending, which is getting some attention thankfully , but not like it should still though). You just can't : President Obama yesterday tapped veteran adviser Jacob “Jack’’ Lew, former staffer to Bay State lawmakers, to head the Office of Management and Budget. If he goes back to his old job, Lew will have to wrangle with the biggest budget deficit in history, forcing him to look for more cuts and revenues to reach the president’s ultimate goal of a reduced deficit. “Jack’s challenge over the next few years is to use his extraordinary skill and experience to cut down that deficit and put our nation back on a fiscally responsible path. And I have the utmost faith in his ability to achieve this goal as a central member of our economic team,’’ Obama said. Of course, Mr. Co-Op s...