The Soapbox

hoolstoptheheels

Joined: 01/04/2001 Posts: 27146
Likes: 34481


I’m just noting that deficits exploded, through a combination of declining


Revenues and increased spending, like on the stimulus package (which IMO was too political and not stimulative enough). The dems were not deficit hawks. And they tend not to be deficit hawks, except when they are checking repub initiatives.

The only difference is that the repubs are more inclined to claim the mantle of being deficit hawks, and they are full of shit with that. There is no valid evidence to support your view that a dem pres and repub congress = better chance of balanced budget. There are just a tiny handful of examples, but given the impacts of the times, like the explosive, unexpected internet driven growth of the ‘90s, it is the mother of all examples of correlation not equaling causation.

(In response to this post by BonsackHoo)

Posted: 07/02/2020 at 10:25AM



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