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There is a lot of things I blame neo hitler for but “ the US on an unsustainable fiscal path” is something that has been true for decades, and is more a global consequence of capitalism itself.
While you're right this unsustainable way up until now was hedged in by worries about long term stability... something the orange doesn't concern itself about.
Well how this is supposed to work is to borrow in bad times and pay it back in good. Clinton, to his credit did do this. Trump did the complete opposite in his first term. And the main reason we are in bad times now is because of him.
Yeah, the new deal was a prime example of it working. When there's no work because nobody has any money to spend because there's no work like in the great depression the government taking out loans to hire a bunch of people to improve the country in various ways is a great investment. It breaks the deadlock. But if you don't take it back out of times where the economy can handle some slowing you just get inflation and you lose your control lever for when the economy slows down. High highs cause low lows, and while nobody likes the economy slowing down (hence why presidents stopped doing it) people prefer a stable economy with lessened booms and busts