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This article goes into a great breakdown of budget deficits by those in power, and it shows that Republicans are better at controlling spending. https://extran
by s_y_n_t_a_x 7y ago
This article goes into a great breakdown of budget deficits by those in power, and it shows that Republicans are better at controlling spending.
https://extranewsfeed.com/who-is-better-at-controlling-deficits-republicans-or-democrats-af24c0fd00b0 https://extranewsfeed.com/who-is-better-at-controlling-defic...
- mikeash 7y agoIt looks at average deficits, which is silly. If X blows up the deficit and then Y gradually shrinks it, Y has a higher average even though Y reduced the problem and X caused it all. And of course this is not a hypothetical at all. Bush and Obama followed this pattern perfectly. Bush’s average deficit was $443 billion. Obama’s was $816 billion. But Bush inherited a surplus, and left office with a deficit of $1.4 trillion. Obama inherited that and left office with a deficit of $665 billion. Am I really supposed to conclude that Bush was better at controlling spending?