I like charts. Jared Bernstein has a nice post today with lots of charts, and those charts show the economy picking up, and as the economy picks up the deficit (the year to year overspending) is steadily decreasing. Here’s the post: The Facts of the Case
Here are a couple of charts.
If these charts are correct, in a few years the deficit may go to zero, and like the Clinton years we may actually run a surplus. Wanna bet that it we do run a surplus our conservative friends will once again call for tax cuts rather than paying down the debt?