Still, the sour complaints and dire prognoses of 1992–oh, my God, the budget deficit will do us in!–were quickly overtaken by events. ~Bill Kristol Yes, including such “events” as the 1994 election of a Congress that began to impose some of the fiscal restraint that ideally comes from divided government.  Deficit doomsayers may have been overwrought … Continue reading Follies Of Optimism, Continued