“You can spin your political base, but you cannot spin the economy or the bond market. Those two are unforgiving – and eventually voters might be too.” Those are the words of Manhattan Institute scholar Jessica Riedl in a recent Washington Post opinion piece.
Riedl was critiquing Republican spin related to their tax bill. As she has long seen it, Republicans overstate how much tax revenue their bills will yield, and that troubles the deficit and debt worrier in Riedl.
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