Neither the Trump nor Harris administration is likely to prioritize cutting government spending and reducing deficits, as it is historically unpopular to cut spending, with insufficient groundswell for fiscal discipline despite past examples like the Clinton administration achieving budget surpluses.

forecastpending

Speaker

Doomberg

Evidence Quote

“Trump was just as prolific a spender as any Democratic regime um and our base case is that um it's never popular to cut spending and um there's just an insufficient um ground swell for fiscal discipline”

Source

If EU Doesn't Cozy Up to Russia, Energy Crisis Will End Them: Doomberg— Commodity Culture
Created: 8/10/2026, 4:34:54 PM

My Notes

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