Billy_Kinetta
Paladin of the Lost Hour
- Mar 4, 2013
- 52,766
- 22,247
- 2,320
From Sullivan’s article on Obama’s legacy
In economic policy, Obama’s slow winnowing of the deficit even in times of sluggish growth has been completely reversed. We too easily forget that the biggest accomplishment of Trump’s term in office so far — a massive increase in debt in a time of robust economic growth — is the inverse of Obama’s studied sense of fiscal responsibility. Nothing in modern fiscal history can match Trump’s recklessness — neither Reagan’s leap of faith nor George W. Bush’s profligacy — and it’s telling that the Democrats and the liberal intelligentsia have accommodated so swiftly to it. Nothing is so unfashionable right now as worrying about debt.
Couldn’t have said it better myself
We've been carrying debt since Alexander Hamilton had his feet up on the desk.