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Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by voisin on Saturday April 13, 2024 @11:15PM (#40028352)
> There is no fiscal conservative left in America.

Truer words have never been spoken. Fiscal conservatism died with Reagan.

Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by sanp on Sunday April 14, 2024 @12:19AM (#40028612)
Yes, Reagan the fiscal conservative who tripled the deficit and national debt:

https://www.pbs.org/wgbh/commandingheights/shared/minitext/e...

Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by imtringued on Sunday April 14, 2024 @03:56AM (#40029477)
Greek austerity imposed by Germans had resulted in the doubling of debt as percentage of GDP.
Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by Rinzler89 on Sunday April 14, 2024 @06:30AM (#40030140)
Which Germans imposed Greek austerity? AFAIK Greek austerity was imposed by Greece's major creditors, but Germany was only one of many.
Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by buran77 on Sunday April 14, 2024 @07:11AM (#40030303)
Between Brussels and Frankfurt (EU institutions I mean) the general consensus was that the Greek situation was more akin to loansharking than anything else. And Germany was undeniably the largest driving factor behind this approach, and the country that most benefited from it.
Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by Rinzler89 on Sunday April 14, 2024 @07:33AM (#40030383)
But what was the better alternative for Greece?
Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by MisterBastahrd on Sunday April 14, 2024 @12:35AM (#40028695)
In what way was Reagan a fiscal conservative other than making the poor targets for pain? He destroyed half the social safety net in this country while running on a hideously bigoted platform and STILL ended up spending an insane amount of money compared to his predecessors. The only fiscal conservative of the past 50 years in the White House was Bill Clinton.
Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by rayiner on Sunday April 14, 2024 @03:50AM (#40029449)
> He destroyed half the social safety net in this country

Democrats controlled the House the whole time, so how’d he manage that?

> while running on a hideously bigoted platform

What a remarkable assertion.

Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by camgunz on Sunday April 14, 2024 @04:32AM (#40029642)
Neoliberal democrats
Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by fire_lake on Sunday April 14, 2024 @05:15AM (#40029840)
The monkey tape is revealing.
Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by rayiner on Sunday April 14, 2024 @05:42AM (#40029944)
Revealing of what? That racist jokes were normalized back in the 1970s? It’s not like we stopped telling exactly that same joke—we just changed the social norm around who is allowed to tell that joke. Are you more likely to treat people fairly because you won’t tell that joke (but would still laugh at the similar Dave Chapelle bits?) and what does it have to do with his platform?
Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by MathMonkeyMan on Sunday April 14, 2024 @03:02AM (#40029246)
I saw an interview where Bill quipped "You know how we balanced the budget? We used a little thing called 'arithmetic'."
Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by lostlogin on Sunday April 14, 2024 @03:49AM (#40029444)
Imagine a candidate who could make a quick, sharp and accurate quip.

Out here in the wider world, American elections are more terrifying every time they come around.

Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by silverquiet on Sunday April 14, 2024 @07:27AM (#40030363)
That one of the two American political parties believes they can lower the deficit by cutting taxes (primarily for the wealthy but that's immaterial to the basic math here) has always created some sense of unreality for me; I really no longer understand what the goal is for many of these people and I often think that they don't really know either. It's almost pure nihilism except when it comes to lust for power.
Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by jpgvm on Sunday April 14, 2024 @03:53PM (#40033887)
It's much less deep then nihilism.

Their goal is simply to live their life as richly as they can at the expense of those they consider less than themselves. They are the wealthy and they act accordingly.

Why anyone sees Republicans as anything else boggles my mind.

Anyone who isn't a billionaire and is voting Republican may as well be a turkey voting for Thanksgiving.

Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by unyttigfjelltol on Sunday April 14, 2024 @06:44AM (#40030195)
Fiscal conservatism died with fiat and John Maynard Keynes' "In the long run we are all dead."
Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by trts on Sunday April 14, 2024 @12:40PM (#40032368)
maybe more like Bush. Clinton was the last president who oversaw a brief surplus in the federal budget and once said "the era of big government is over".

pretty wild to think that surplus was in part driven by the internet boom. now we have some kind of stock market boom while the federal deficit is 10% of total GDP and national debt is growing by a trillion dollars (a million times a million) every 100 days or so.