Friday, July 14, 2023

Running on empty

       One of the GOP's main claims to relevance is the trust the American people have in its ability to run the economy.   I would add a disclaimer to this premise.  The budget deficit has increased under every Republican president since Ronald Reagan.

      Despite their obvious incompetence, Republicans get the benefit of the doubt on economics and they have been blaming the Biden administration for high inflation for the past year.   Now, new data shows inflation rapidly subsiding and the economy remaining strong.  This combination previews the possibility of a "soft landing".   If this indeed is what is occurring, Republicans will have little to run on besides abortion restrictions, book banning and Hunter Biden's laptop.  Good luck with that!

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