Prof Jeffrey Frankel in this Proj Synd piece:
With Donald Trump having departed the White House, many Republicans are suddenly rediscovering the dangers of budget deficits, after four years of conspicuous indifference. This was entirely predictable: for the last 45 years, the GOP has done the same thing every time a Democrat has won the presidency.
He points to three political cycles where Republicans cried fiscal fears while in opposition only to do the opposite while in power. The 4th cycle is underway now…
