Ex Ante delusion

In 1992 Bubba reduced deficits first, then bond rates dropped. Janet claims otherwise, spouts the kanosian talking points:

But the Clinton policy was one that phased in very slowly over time a tightening of fiscal policy, so it wasn’t a tightening in day one or year one that was dramatic. I believe it was a very credible multiyear commitment, which served to quickly bring down long-term interest rates dramatically. 

Been dealing with this for years, kanosians going for the tribal reassertion and ignoring the charts.