Nate Silver explains why it's not such An Imbalanced Budget Deal? "In other words, I estimate that the median member of the House actually wanted to cut the budget a bit more than the deal that was agreed upon — by about $51 billion rather than $38.5 billion."
"But the notion that Democrats were going to get a radically better deal, with Republicans having such a large and conservative majority in the House, is probably unrealistic. It’s also conceivable that they would have gotten a worse one — say $45 or $50 billion in cuts — had Mr. Boehner made a bolder offer initially."
Either way, we need more stimulus to lower unemployment, not spending cuts.
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