How soon we forget.
Seven years ago, conservative think tanks and Vice President Cheney were arguing that deficits have no adverse effects on the economy.
Their arguments are summarized here in a 2004 Washington Post article.
What has changed?
For one thing, the real estate bubble collapsed in 2007, nearly bringing the economy to its knees.
For another, we now have a Democrat in the White House for Republicans to blame.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment