Skewering of Leftist Economic "Conventional Wisdom"

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Originally Posted by finnbow

From the article:
At this late stage in the economic cycle, it’s difficult to envision a wholesale reacceleration in economic activity. It’s wholly plausible, however, for a spike in inflation to alarm Fed policy makers grappling with the biggest issue of 2018.

It begs the question as to why the GOP would think that $1.5 trillion in additional deficit spending is the right prescription for these economic times.

This would depend on what the GOP's goal is.