left or right...same lies with different ends...
The irony is that the GOP loves deficit spending, just on specific programs. Deficit-funded wars and tax cuts for the rich have animated Republican administrations from Ronald Reagan to George W. Bush. Yet when it comes to other so-called big-ticket items, Republicans warn Democrats (and, more importantly, the public) that such spending will drive the country into financial ruin or worse: bring vigilante Chinese bondholders to our doorsteps.
For Tcherneva, the GOP’s newfound turn away from deficit hawkishness makes sense. It also hints at what was driving conservatives’ deficit frenzy all along: a quest for power. Sounding alarm bells about budgets has proven a sound tactic to challenge Democratic presidents. Now that Republicans control the White House, they can let them go silent.
