Friday, May 3, 2019

LOWERING THE BAR

It seems to me that the bar for fiscal responsibility is raised for Democratic Presidencies and lowered for Republican ones.  Republican deficit hawks hover over Democratic Administrations who must lower deficits at the same time expand the economy whereas that bar gets arbitrarily lowered for Republican Administrations.  I watch the present Administration receiving praise and adulation for expanding the economy while increasing the deficit at the rate of $1 Trillion per year.  Both Trump's immediate Democratic Administrations expanded the economy, Clinton and Obama, expanded the economy and reduced the 
deficit; neither has occurred under the Republicans.

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