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Before Trump the GOP was fiscally conservative - when the democrats were in power! That explains a large part of why democrats were able to lower the debt - th
by bluGill 2mo ago
Before Trump the GOP was fiscally conservative - when the democrats were in power!
That explains a large part of why democrats were able to lower the debt - the republicans in congress wouldn't go along with efforts to raise the debt.
- stetrain 2mo agoAnd when Republicans were in power they cut taxes and spent $2T on a war in Iraq. Cutting taxes without cutting spending raises the deficit and seems to be the GOP's most common fiscal policy.
- preg_match 2mo agoThe GOP is basically universally bad at fiscal policy. They spend big, mostly on warmongering and industry. Not developing industry, no no, siphoning government funds to the private sector, where I assume they have many friends. They increase the deficit because they increase spending and then "cut" taxes. Often they don't effectively "cut" taxes for you and me: the tax burden for many Americans is raised, except for a select few who get tax cuts. This was happening well before Trump, into Reagan. The only reason this works at all is because they get to say "oh we cut taxes!". But tax burden is very complicated, and nobody is analyzing that for the common voter.