Beelzebub, of course, at it again. Would like to see the IRS start looking into this type of behavior. https://www.washingtontimes.com/news/2018/oct/8/george-soros-funded-groups-deny-paying-protesters/
I see. So trump and republicans didn’t increase the deficit by about ~40% with unfounded tax cuts during a period of economic growth. This is my opinion?
Deficit spending during periods of economic contraction are necessary. This is not the dark ages. We have the appropriate remedies to soften the impact on the population during business cycle down turns. Not only did the federal government expand its deficits in those years, many large businesses took on massive debt to see their businesses through. I always find it to be amazing when people are dumbfounded at increased deficits during recessions. Do you really think we should have just allowed ourselves to be plunged into a depression?
Why does everyone just blame Trump without regard to those who voted for said spending bills. There were plenty of Democrats porking out their districts and states that share the blame. Both sides of the aisle were responsible for the latest Omnibus/Porkulus budget breaker.
No, I find these questions are open to political interpretation. Many of Obama's supporters believed his statements about the "strength" of the economy. And don't bore me with these hackneyed Keynesian theories.
The bigger and better question is why does anyone think that there is a difference between the political parties and their proclivity to spend and/or increase the deficit. I just want to hear if UsualName is going to make this a partisan issue.
I do not find questions of fact open to interpretation. As far as Keynes, his basic theory has held up to the test of time.