Pithily Stated

Duncan Black puts in a nutshell our frustration with the deficit reduction policies being pushed by the Obama administration, and even more destructively by the GOP:

The additional maddening thing is that if you fix the jobs problem you largely fix the deficit problem. The reverse is not true. If you "fix" the deficit you kill the jobs.

( And as one of the commenters on the post noted:
"And you still don't fix the deficit."  )