Monday, June 24, 2024

U.S.: Republicans run up the national debt

Republicans run up the debt more than the Democrats. If you care about balancing budgets or spending "conservatively," this is something to know.

See this new article: Trump ran up national debt twice as much as Biden: new analysis, Neil Irwin, Axios, June 24, 2024

Also: "Inflation will soar once again if former President Donald Trump wins back the White House, a group of 16 Nobel prize-winning economists have predicted in a letter obtained by Axios. ... The letter was signed by Joseph Stiglitz, George A. Akerlof, Sir Angus Deaton, Claudia Goldin, Sir Oliver Hart, Eric S. Maskin, Daniel L. McFadden, Paul R. Milgrom, Roger B. Myerson, Edmund S. Phelps, Paul M. Romer, Alvin E. Roth, William F. Sharpe, Robert J. Shiller, Christopher A. Sims and Robert B. Wilson, per Axios." (HuffPost, June 25, 2024)

See my essay on the book It Was All a Lie: How the Republican Party Became Donald Trump by Stuart Stevens

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