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.
I and my retirement miss Bill.
wolfvillage1984 The WSJ doing a Lindsey Graham here.
The vast majority of citizens have no understanding of this stuff and rely on our pols and experts. If these people play political powerball with our future, we avg citizens are the ones who suffer due to insufficient savings. Social Security will not sustain us during a crisis!
Our country needs to get a handle on the burgeoning accumulation of national debt, this should be a priority for our Congress, quit politicking and get the job done
USDebtMountain US debt Mountain to prop up illusive growth can not be sustained for ever .New ways needed to find solution for immovable Debt mountain.for more than three decades US economic policy has failed due to it's Role of keeping Global policing
Good thing we got away from those two fiscally irresponsible Democrats so we could get back to the fiscally responsible republicans ... OOOOOPS ... that's a couple of Democrats with a goose egg for national debt. Sorry ... never mind.
By Washington you mean Republicans and they learned to love it when a white man diverted the trough into their personal bank accounts.
Fed propaganda machine
These jerks were terrible for the economy. And the press tries to praise them.
Nicely written post, If you into trading, checkout instacryptonews, I think they follow all major coins and have instant retweets.
Unacceptable.
Those who voted for the TeaParty still want a balanced budget, but don't have the votes to pass it (dems would make impossible)and think what Trump is doing on the economic and other fronts is difficult and important enough.. plus next dem pres will just spend like crazy anyway
Thanks to Newt Gingrich and the Republican House !
Go Trump. He's going to drive this country into bankruptcy, mark my words.
After Clinton’s frugality, GW Bush came in and broke the piggy bank with war after war — and the economy still collapsed. There’s no virtue In restraining spending if your successor will be profligate.
“Deficit Hawks” I cant believe any journalist is still pretending that any of that supposed tea-party-era deficit rage was ever even remotely sincere. THEY. NEVER. CARED. They just wanted an excuse for cutting social programs so they didn’t have to admit hating poor people.
Sad thing is they will just have to raise taxes to increase revenue and the peasants will have to deal with it. DC has been out of control since 2001 when 9/11 gave them the green light to use public safety as an excuse for any and all spending.
What a fucking joke. Don’t worry they’ll be right back at it with a willing and able media the SECOND a Democrat is elected to POTUS.
realDonaldTrump is a grifter and a conman. He doesn’t care about debt.
I learned this when the Rs caved on the debt ceiling under Obama. We're eventually going to default. No one is serious about the debt. When that happens, it will be ugly for those on SS, Medicare/Caid and welfare. Our spending will be cut in half from now.
REPUBLICANS.
Always easy to spend someone else's money. Even easier when those people are children or not born yet.
Democrats print money do uou can spend more
Idiots in power just idiots
Rather sad...
wonder what changed?
Funny but i think this was the GOP congress that did this.
Thank You Newt newtgingrich for Balancing the Budget
People forget that. Bill Clinton balanced the budget.
The deficit has *decreased* under every Democratic administration since Jimmy Carter's. The deficit has *increased* under every Republican administration during that same time period. But, yeah, both sides.
At least until the Democrats take power again. Then the GOP will shut down the government for months at a time.
Trump raised spending by 7% from Obama’s last year. He has been running record deficits. GOP? *crickets* No one cares anymore, so let’s get some healthcare for everyone while we are at it.
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