allowing room for a manageable deficit during a slowdown. My main point, though, was Donnie ain't doing so well. And it's not just about the Coronavirus. If that hadn't been the catalyst, something else would have been.

The tax cut was ill advised and went to the wrong places. And he manages everything for the short term. Interest rates were below where they should have been in an expansion, encouraging tremendous debt buildup and uneconomic projects. Now we're going to be paying the piper and there aren't many arrows left in our quiver.