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[Hank Chinaski]

Originally Posted by sebastian_dangerfield

The parties used to check each other. Now they just follow MMT and argue about how to redistribute at the margins. And about who gets to marry or fuck who, or have an abortion.

ETA: Actually, that’s a bit unfair. Clinton and Obama were both fiscally prudent. But it was easy for Clinton, as he had the tech boom, and that imploded at the end of his term. Obama was close to “Democratic Austerity.” Biden will preside over a spending orgy, however, as he has no option. I think Trump would do the same, but not quite as much as he’d be less supportive of plans to lockdown to combat spikes, which would negatively impact growth, causing need for even more stimulus.

Clinton and Obama were forced to be austere by their Congresses.