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Yeah, so instead they voted for the guy who printed the money. That'll show the DNC!
by schmidtleonard 2y ago
Yeah, so instead they voted for the guy who printed the money. That'll show the DNC!
- _heimdall 2y agoBoth parties have been printing money since Clinton was in office. I don't really see debt or inflation as a problem of one party.
- kccoder 2y agoDidn't Clinton basically balance the budget by the end of his second term?
- _heimdall 2y agoYes he did. I've heard interesting arguments that they did some clever accounting to hide a small deficit on the books somehow, but I didn't quite follow well enough to say for sure. That technicality aside, Clinton balanced the budget and every president since has apparently thought that was a terrible idea.
- mindslight 2y agoFirst, the Republicans have been running on a platform of pretend fiscal responsibility, and so deserve more criticism for the hypocrisy per their own standards. The Democrats have just been upfront about spending money. Second, there's a huge difference between spending new money on specific policies for deliberate outcomes, and blindly dumping it into the financial sector to bid up the everything bubble as fuel for the Potemkin stock market and a handout to asset owners.