"Barack Obama will restore fiscal discipline to Washington."
"It's time to put an end to the run-away spending and the record deficits."
The Elect as Elect now proposes public works including a likely:
budget deficit that will come in at 1 Trillion or 1.5 Trillion dollars.
Analogous to the public works of Eisenhower with the Federal Aid Highway Act in 1956, which led to the construction of 42,795 miles of roads, the government concluded that the total cost came to $128.9 billion, with the federal government paying $114.3 billion and the states picking up the rest.
I do not suppose anyone noticed that we are not currently undergoing the economic growth that we enjoyed under an Eisenhower administration. The deficit will simply be passed on to a less prosperous next generation.