Obama: ‘We Can’t Just Cut Our Way Into Growth’

No doubt anticipating the pointed criticism soon to follow from Republican ranks, President Obama weighed the short term against the long view in the speech he gave Monday at Northern Virginia Community College about his $3.8 trillion budget plan. “We’ve gotta do everything in our power to keep this recovery on track,” Obama said, arguing that some strategic spending is necessary in the immediate future to help the country bounce back. Republicans, of course, thought differently later that day.

Associated Press via YouTube: