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A comment on US Federal Reserve raises interest rates for first time since 2018. Parent comment

Re:US Federal Reserve raises interest rates for first time s... by StevePerkins on Wednesday March 16, 2022 @09:29PM (#30706466)
> "raise taxes in the good times..."

Oh, I know which party he's talking about!

> "...and pay down that debt"

Huh, nevermind.

[ Parent | on HN ]
Re:US Federal Reserve raises interest rates for first time s... by lupire on Thursday March 17, 2022 @01:03AM (#30707834)
Even the extremists admit (thought they try to hide it) the Bill Clinton paid down the debt by raising taxes and cutting military spending by not starting large new wars. Caro insulted Clinton for proposing a $200B/ye deficit, right before Bush 2 issued a one-year addition of $1T in new military spending for his personal vendetta against Saddam Hussein launched on false pretenses.

https://www.cato.org/commentary/no-bill-clinton-didnt-balanc...

[ Parent | on HN ]
Re:US Federal Reserve raises interest rates for first time s... by StevePerkins on Thursday March 17, 2022 @07:45AM (#30710033)
The 90's sure were great, I miss voting for Bill! But those days are long over, and most partisans today seem brutally disappointed in Biden because he's only spent $1 trillion instead of $3 or $4.
[ Parent | on HN ]