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My suspicion is that the GOP strategy, if there is one, is to run large deficits when they have power so that when Democrats get power they feel that they are u
by guelo 7y ago
My suspicion is that the GOP strategy, if there is one, is to run large deficits when they have power so that when Democrats get power they feel that they are unable to spend on social welfare . Reagan, W, and Trump increased the deficits while Clinton and Obama, after the stimulus, reduced it.
- harryh 7y agoYou don't have to be suspicious, this has been explicitly stated by many fiscal conservatives on many occasions. https://en.wikipedia.org/wiki/Starve_the_beast https://en.wikipedia.org/wiki/Starve_the_beast
- curtis3389 7y agoThis quote from Alan Greenspan (emphasis mine) is a little unsettling: > Let us remember that the basic purpose of any tax cut program in today's environment is to reduce the momentum of expenditure growth by restraining the amount of revenue available and trust that there is a political limit to deficit spending. I wonder where that limit lies and what circumstances will we be in when we find it.
- hedvig 7y agoAny conservative users here mind to denounce this?
- Fjolsvith 7y agoExpecting to get downvoted to death without any discussion for this comment but here goes. The GOP plan is to audit the Federal Reserve and discover how badly they have misused their authority. Once that is done, they'll cancel that debt and disband the Fed and its IRS arm. That's why the military spending bill was so big. Running up the credit card before filing bankruptcy.