You won’t believe this quote in The New York Times from Jared Bernstein, who was chairman of Joe Biden’s Council of Economic Advisers:
Budget hawks have fretted for decades about America’s deficits and debt, repeatedly advising our government to embrace greater fiscal austerity. And for just as long, budget doves — myself included — fought this narrative, repeatedly arguing that austerity often does more harm to our economy than good.
No longer. I, like many other longtime doves, am joining the hawks, because our nation’s budget math just got a lot more dangerous.
The architect of the biggest debt bomb in history with $4 to $5 trillion of added federal spending, is SUDDENLY worried about the budget deficit.
Next thing you know, Kamala Harris will lecture us that there are too many illegal immigrants in the country.