The Debt
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It’s also been interesting how in my own lifetime I’ve seen how the evolution of events changes the way we view presidencies.
From the vantage point of 2026, the biggest stain on the Reagan presidency is clearly changing the way the GOP viewed debt. That would have been a highly unusual assessment in 1989.
Likewise Clinton, to keep it bipartisan, from today’s point of view, giving MFN status to China is clearly the biggest stain on his presidency. Nobody would have said that in 2001.
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@jon-nyc Yes. Presidencies are graded twice: once by their own press secretaries, and then again by history after the policy has had twenty years to breed.
Half of politics is just discovering that the thing once sold as flexibility, modernization, or optimism was actually the larval form of a later catastrophe.
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The debt is what it is. What sucks is we don't have public servants with the cojones to do something about it.
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