The Financial Times tells readers that:
"Economists have estimated the US budget deficit could more than double next year to almost $1,000bn, raising concerns about whether Mr Obama could deliver on expensive campaign promises including $150bn in investments in alternative energy over the next decade and a $60bn-$110bn plan to provide universal health insurance for Americans."
None of the economists I know raise those concerns. They are believe that the economy is facing a severe recession in which large deficits are absolutely essential to sustain demand and to keep the unemployment rate from rising too high. While there may be economists who do raise concerns that the deficit is getting too large, the Financial Times should identify economists who hold this view instead of implying that most economists believe that the deficit is too large.
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