>From his actual remarks:

"My own economic and budget team projects that, unless we take
decisive action, even after our economy pulls out of its slide,
trillion dollar deficits will be a reality for years to come."

Notice the "unless we take decisive action". And those remarks were in
the context of appointing a new cabinet level position for fiscal
accountability. Which I think may qualify as decisive action to avoid
trillion dollar deficits.

Judah

On Wed, Jan 7, 2009 at 10:31 AM, C. Hatton Humphrey <[email protected]> wrote:
> Why has nobody mentioned this yet?
> http://www.nytimes.com/2009/01/07/us/politics/07obama.html?ref=us
>
> WASHINGTON — President-elect Barack Obama on Tuesday braced Americans
> for the unparalleled prospect of "trillion-dollar deficits for years
> to come," a stark assessment of the budgetary outlook that he said
> would force his administration to impose tighter fiscal discipline on
> the government.
>
> --
> Until Later!
> C. Hatton Humphrey
> http://www.eastcoastconservative.com
>
> 

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