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by stephen_g 503 days ago
Yes, it does happen from time to time coincidentally usually in the lead-up to financial crises…
2 comments

It became unbalanced by choice: a recreational war in the Middle East and tax cuts. The dotcom bubble helped, but those trillions in debt were not caused by people paying less capital gains tax on pets.com sales.
Yes, Democrats balance the budget, then Republicans sneak in and break the bank with wars, or deficit spending.