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Except it hasn't worked that way. You had one Republican president who spent a whole lot of money and cut taxes, then the next spent not so much money (and in one famous instance slightly raised taxes when submitted to abominable legislative blackmail). Then a Democrat who did pretty well with spending (and submitted to the most successful and only significant alteration of a major entitlement program in 40 years) and left taxes mostly flat, and then another big spending Republican who apparently never saw another person's dollar he didn't want to spend.
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