Keynesian theory says you should run deficits when the economy is in recession and then do austerity in the boom. Our presidents keep forgetting that second part

Keynesian theory says you should run deficits when the economy is in recession and then do austerity in the boom. Our presidents keep forgetting that second part https://t.co/DhfsLOkVSl pic.twitter.com/g49RjqmiUQ

— Bloomberg Opinion (@bopinion) December 23, 2018