PorradaVFR

The article is basically saying since things are pretty good now the government should save money for a rainy day instead of spending which ignores (a) the economic benefits of smart spending on infrastructure which creates jobs and improves stuff like ports and highways and (b) that wealth is there but not spread around sufficiently so people with millions now have billions and most people are still struggling.

Ironically similar in some ways to the 1920’s and….not anxious to see how that turned out happening again.

I’d say it’s a very reasonable conclusion that would be justified were it not for the migration of wealth. Austerity (as seen in Europe’s sluggish recovery post-2008) prolongs recession while spending stimulated recovery here (and again after 2020-21) but while consumer spending has been robust broadly here - it’s also shown a lack of spending in proportion to wealth in the highest income brackets being a larger issue. The economy is growing but investment and relative wage growth has not. Wages have been going up yes, but not enough to offset inflation.

The argument should be about who has most benefitted from growth and how to best stimulate economic growth where it’s needed.

In principle, absolutely. But in practice he’s yet to actually incur consequences. I’m beyond ready to see them applied.

Consider further complexity - Ukraine desperately needs funding to fight a resurgent Russia. Put simply keeping that conflict isolated prevents a broader one across eastern Europe and us out of it. A strong Russia helps Iran which makes that conflict worse.

The immigration policy has a lot of bad in it - but it’s reform the GOP demanded to pass other issues. They just refused to accept “yes” to their own policy and have to run on that. Consider if that flips the House and retains the Senate actual, far better policy can be enacted.

The GOP is backing Russia and is desperate NOT to solve….anything. Democrats are at least attempting to polish the current DC turd. Biden has to back Israel and is telling Netanyahu to back off Gaza. The GOP sure isn’t.

The nuance is the GOP policy should be blamed on them. It was a master stoke to call their bluff and say “ok, pass it”. They never wanted it to actually pass any more than they wanted to lose Roe v Wade as a campaign issue. They’re screwing themselves.