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by zorak8me 51 days ago
This ignores history. We did raise taxes in the 90s and were paying off our debt. Bush senior made the big boy decision and it left us in amazing shape. Clinton handed over a government to W that was paying off debts and had surplus from 1998-2001.
1 comments

Slight note that Bush Senior also got tossed out of office in part for being fiscally responsible.

We probably want to fix that quirk, if we want politicians more reliably doing the fiscally sound thing.

Absolutely. One note though - it wasn’t just the raised tax, it was that he very explicitly promised to not raise taxes. Maybe doesn’t get elected without that promise but I really don’t know enough about politics before Clinton/Newt Gingrich.