Hope and Worry about the New President
Saturday February 11, 2017
Looking forward to the Trump presidency, I predicted, pointing to something similar that happened with President Ronald Reagan, that Trump would trade away following through on his stated desire to reduce spending in some areas in order to gain support in Congress for increased spending in other areas such as infrastructure and the military. The result, I concluded, would be a “compromise” of “increasing spending across-the-board.”
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