From #HeatherCoxRichardson

“The Republicans’ threat to blow up the U.S. economy—and, with it, the global economy—comes at a time when the economy is, in fact, quite strong and President Biden’s measures have significantly reduced the deficit after Republican tax cuts exploded it.”

open.substack.com/pub/heatherc

#USPolitics

Follow

@trask

That's just not consistent with the record over the past couple of years.

The deficit exploded during the pandemic as there were massive increases in spending, even as the Treasury reported increased tax collections after the Republican tax reforms.

Sign in to participate in the conversation
Qoto Mastodon

QOTO: Question Others to Teach Ourselves
An inclusive, Academic Freedom, instance
All cultures welcome.
Hate speech and harassment strictly forbidden.