3 ms·

Because of Covid

• oblio 2y ago
  And Reagan? And Bush (both of them)? Come on. https://www.ft.com/content/afef409e-f758-11e9-9ef3-eca8fc8f2d65 https://www.ft.com/content/afef409e-f758-11e9-9ef3-eca8fc8f2... The surplus you see there was during Clinton, you know, a Democrat. And the huge drop during Obama was because... Bush repealed several Depression era bank regulations that led to the Global Financial Crisis. Democrats are "tax and spend", Republicans are "reduce taxes for the rich, spend as much as Democrats, say we don't spend".