Why did we drift away from the 1990s paradigm of shrinking budget deficits?

Yeah we tossed that out the window.

We now spend about $1.2 trillion on the war on poverty/political hand outs. Even more on our military. And these programs never really get smaller.

The voters do not care enough to make it a priority.

We didn’t adjust after the .com bubble?

Looks like it shrunk pretty good from 2010 to 2016. Then the debt king was elected.

This is unfortunately the simple, correct answer.


Too many voters today care more about themselves than about their children. The populace (in aggregate) is willing to sacrifice long run economic growth in favor of short run marginal gains. Simple as that.

The Neo Con Republicans - Specifically Cheny & Bush.

This, the 90’s rode the dot.Com bubble and the late 2000’s had the full impact of the mid-late 90’s Clinton era housing regulations.

It's both parties. When you're at the top of the food chain you don't have to pay your debts

quote:

---

It's both parties. When you're at the top of the food chain you don't have to pay your debts

---

It’s both parties having monopolies on both house of Congress and the White House.

In the 1990s, you had a White House and Congress that conflicted and resulted in gridlock.

Then in 2001, you had a GOP controlled government, in 2008 you had a Democratic-controlled government, and in 2017, you had a GOP controlled government again.

All 3 of those years correspond to inflection points where the deficit starts growing again.

Inflation hit vote buying