Bill Henry
@henrywj.bsky.social
If dems run on a platform of higher taxes and lower spending, without enough left over to support a traditional social programs agenda, they could look for relatively cheap ways for government to intervene into and grow markets supplying things voters want: housing, energy, etc.
Carter's deregulation was a response to high inflation/interest rates. Clinton was a response to Democrats losing 3 elections in a row. Bernie/Trump 2016 were a response to ZIRP/low inflation. Somewhere out there in America will emerge a response to the problems of the current moment.
May 22, 2025 at 8:52 PM
If dems run on a platform of higher taxes and lower spending, without enough left over to support a traditional social programs agenda, they could look for relatively cheap ways for government to intervene into and grow markets supplying things voters want: housing, energy, etc.