Horse manure

From a macroeconomic perspective, the stance of federal fiscal policy can be summarized by movements in the primary deficit as a share of GDP. The primary deficit is the difference between federal government spending, excluding debt interest payments, and revenue. Historically, the deficit has been highly countercyclical, meaning that it rises during economic slowdowns and falls during expansions. 

Fiscal Policy in Good Times and Bad Tim Mahedy and Daniel J. WilsonFRBSF Economic Letter, July 9, 2018 

Factually untrue, the reverse happens.  Recessions lie on regularly spaced fiscal cyclical policy regimes.  Gone over this many times, the recessions are at presidential regime changes and happen every eight years.  There is a very clear reason for this, politicians push the payments due out to just beyond the election.

Every one of the bogus banking economists know this to be a true fact, and they all lie abut it.  But when this fact is proven over 85% of the time since the 73 shock eliminates the null hypothesis, much less the alternative hypothesis. Mathematicians look at this stuff and say, horse manure, this is the typical public banking deception.