Well, I think what we need to remember is that budget deficits can impede economic activity.
Peter R. OrszagMy mom is a very warm, typical sort of Jewish-mother type. And my dad has a somewhat, um, different personality.
Peter R. OrszagThe most important thing for small businesses is getting the economy back on its feet. That - the key driver of small business activity is demand for their product, and that is what we are trying to do, getting the economy back on its feet. That's far more important than other factors.
Peter R. OrszagWell, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both.
Peter R. Orszag