How Washington Learned to Love the Deficit

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Who’s afraid of debt and deficits? Not Washington or Wall Street. Here’s why.

William Hoagland has engaged in nearly every Washington budget-deficit battle for four decades. A longtime analyst and onetime senior Republican congressional budget aide, he brought a sensibility learned growing up on an Indiana farm: You’ve got to balance the books over time.

 

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Those were the good ole days.

Oh cut the bulls*** neither Wall Street or conservatives have ever actually given a damn about deficits they just crow about them as an excuse to try and cut programs they hate they just handed a trillion dollars in tax cuts to a handful of rich people and corporations

In capitalism debts shouldn't be repaid, only rolled over. If they are repaid, capitalism would collapse.

those deficits are a slippery subject, I wonder what is so different between now and then 🤔

Really.......... we should be. Cause we will end up paying it. Take a look sometime at individual debt owed on these party boys spending our future away.

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