Need to Reduce Deficit Battles Need to Shore Up Economy

Need to Reduce Deficit Battles Need to Shore Up Economy

usatoday.com — Imagine a house with both a crumbling foundation and a time bomb ticking away in the living room. If the bomb isn't defused, one of these days, it will detonate. But if the foundation isn't repaired, the house might collapse.
That illustrates the challenge facing the Obama administration as it tries to shore up a still-weak economy saddled with painfully high unemployment while keeping an eye on dangerously high government deficits.

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