Why does neither party care about the deficit? (user search)
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  Why does neither party care about the deficit? (search mode)
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Author Topic: Why does neither party care about the deficit?  (Read 499 times)
Devout Centrist
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« on: April 25, 2024, 02:06:25 PM »

The past two presidents have presided over deficits of over $1 trillion, resulting in the debt-to-GDP ratio well exceeding 100%. Do we really need to be borrowing this much when the economy is as good as it is?

Is it because the national debt is a long-term problem while spending benefits lawmakers in the short run?

It's Democratic Party par for the course. They don't care if the country in 20 years goes into Depression as long as they get their programs.

What's changed is the Republican Party and that's mostly due to Trump. Trump doesn't care if the country in 20 years goes into Depression.
Come now. Fiscal profligacy has been a Republican mainstay since the early 80’s.
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