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Lexington: Fiscal conservatism, RIP

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Print section Print Rubric:  Republicans have become addicted to borrowing Print Headline:  The elephant forgets Print Fly Title:  Lexington UK Only Article:  standard article Issue:  The right way to help declining places Fly Title:  Lexington Main image:  20171021_USD000_0.jpg TO BE shocked by the Republicans’ latest enthusiasm for deficit spending, you would have to have taken seriously their former disdain—nay, horror!—for it. Back when Barack Obama was in charge, Mitch McConnell said the deficit was America’s “most serious long-term problem”. The Republican National Committee (RNC) warned darkly that the Democratic president’s profligacy was putting “America’s future in the balance”. But this was a charade, of course. Republican congressmen have long preached the virtues of prudence in opposition, then let borrowing rip in power. This week Mr McConnell duly ...

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