You need jobs and a strong economy first, before you can pay off debts and reduce the deficit. Depression is not the time to set money aside, where is it supposed to come from? The same people who demand the simultaneous elimination of debts and deficit, are the ones who dug the hole when the economy was doing well. The addiction to supernatural events in films and video games has convinced some people that they can transform a hole into real money. Well, keep shaking that magic wand, let’s see what Harry Potter economic miracle comes out.