Comment by ericmay

Comment by ericmay 4 days ago

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You can hold that opinion, and there may be some merit to it (I’m not sure), but in doing so you also have to accept that the Federal Reserve faces pressure from the right to make the economy look artificially better under any given administration as well. Personally, I think we need to strengthen and trust, and fix our institutions versus casting doubt on them. Once they are too politicized or otherwise destroyed, we don’t get them back and that seems to cause preventable problems.

With respect to the national debt, neither party really has a great track record over recent years, in my opinion. It ballooned under Donald Trump as well. Neither party is particularly inclined to reduce it since it has yet to cause any real problems. To “fix” it you’d have to cut spending and also raise taxes. Nobody seems to want to undertake those actions.