I agree. But it's valuable to recognize both parties should be concerned, though, and after the current insanity abates we will be confronting this very real issue. No crystal ball is required to know the deficit is going to be a dominant story in 2021.EAllusion wrote: ↑Mon Jul 06, 2020 4:24 amThe second Biden becomes President, if he does, Republicans will pretend to deeply care about the national debt again and a lot of media members will pretend to believe them. Biden has a very long history of being open to and favoring come SS cuts. Those two factors suggest is quite possible Biden might bargain some SS cuts for other policy priorities.
For folks like DT, it's important to realize that these negotiations on tax increases and spending cuts are coming, and they will be deep in both directions. It doesn't matter who is President. We will be fighting economic consequences of the last four months plus the Trump tax cuts coupled with reckless spending for years. I imagine an argument will be made that progressive agendas will need to happen regardless of the timing because there is never a perfect time for that kind of societal change. And that is probably true. But then what? Trump dug a hole that was a handicap before the depressive effects of COVID and the stimulus spending bills blasted that hole deeper. 2022 = 2010 only more polarized and potentially more wild? Odds seem likely so. And then what in 2024? An even worse version of Trump put up against a Democrat who won't have incumbent advantage because there's no way Biden goes four more years? Thinking about it is kind of depressing.