Decline and fall of the US.

[badgenome]

richardhutnik said:

badgenome said:

richardhutnik said:

zgamer5 said:

wow i never thought that the bush administration was that bad.

During that era, supporters of the administration justified deficits by saying, "But we are at war".  Now that the administration isn't in power, there is harping about the deficit, and apparently thew U.S is no long at war.  Go figure.

And opponents of the administration, like Paul Krugman, criticized deficits. But now that the administration isn't in power, deficits are a Good Thing. Go figure.

Take that as proof that no one really cares about them.  The particular reason why you would take the GOP and conservative side to task more is that balanced budgets ARE supposed to be one of their foundational points they stood on.

Yeah, but the GOP are still just politicians at the end of the day. It's hard to expect much of them. Meanwhile, Paul Krugman is a Nobel Prize-winning economist, yet he and a lot of other Very Serious People get away with insisting that Obama turned debts and deficits from Bad Things to Good Things literally overnight.