Let's get one thing straight with regard to the whole mythology of Ronald Reagan's "sunny optimism."
Conservatives like to bask in the warm glow of that optimism, having shed with relief the heavy burden of the green eye-shade. Who wants to be a dour scold actually doing the unpopular work of balancing a budget, when you can TALK about balancing the budget while actually catapulting the deficit into the stratosphere? GOOD MORNING SUNSHINE! Reagan's "optimism" on the budget was nothing more than his easy embrace of the now-obvious fantasy that tax cuts pay for themselves. The history of the budget wreckage that has followed in his wake is the American history lesson Americans don't want to read or think about. Conservatives turn into the circus of flying acrobats in their attempts to rewrite the clear facts on this. They prefer the sunny optimism of the make-believe world of make-believe economics. If business takes it's cues from government, it's no wonder they developed a taste for fraudulent activity.
Sorry, folks, but budget-balancing is the work of dour, green eye-shade scowlers. Hard, thankless work, but either you believe in it or you don't. - Tom Toles
Trump, Deals and the Flea Market Bargaining of the World - I am about at my wit’s end with Times‘ analysis and trend pieces. Just stop! (A subject for another day.)...
7 hours ago