The New York Times
Art Direction: Jim Datz
“Economic orthodoxy that ruled for decades held that fiscal responsibility was inherently good and the national debt a leviathan to fear. Now the intellectual and political currents are flowing — gushing, really — in the opposite direction. After President Trump’s election, Republicans decided to pursue their agenda of tax cuts and higher military spending without doing the unpopular work of paying for it.
Democrats are coming to believe they have hamstrung themselves in pursuit of their goals by worrying about so-called pay-fors, policies that offset the cost. When they next take power, they may feel empowered to take on a much more ambitious, expensive agenda.”
February 2019