Because tripling the US deficit in one year just wasn’t good enough.
The Obama deficit will reach $1.65 trillion this year. (The Captain’s Comments)
Democrats want to spend more money.
The Hill reported:
House Democrats this week have amplified their calls for new spending on infrastructure and other federal projects in the face of May’s discouraging job-creation figures.
Even as Republicans are insisting on “trillions” of dollars in spending cuts, Democrats maintain that a targeted injection of additional federal dollars in the near-term would go a long way toward reversing the hiring slump. Friday’s disappointing job report, they say, only bolsters their case.
“The American people, while concerned about the deficit, place much more emphasis on job creation, and they see a role for the government,” Rep. Raul Grijalva (D-Ariz.) told The Hill. “A fast injection of job stimulus on the public side would help tremendously. … It [the job report] helps our argument about investment.”
Other Democrats delivered a similar message on Friday. Rep. Eliot Engel (D-N.Y.) said “the answer” to the lingering jobs crisis is “investment” in the “communities and businesses who need confidence and resources to hire [people].”
Rep. Emanuel Cleaver (D-Mo.) said “investing in our communities goes hand in hand with full economic recovery.”
Rep. Earl Blumenauer (D-Ore.) said that only in Washington is targeted new spending being demonized.
“Once you get outside the Beltway, almost everyone agrees that we should be rebuilding our crumbling infrastructure and investing in clean American energy that reduces our dependence on oil,” Blumenauer said.
