Conservative or Liberal
Suppose that President X serves an 8 year term, followed by President Y, who also serves an 8 year term. Suppose also that each president had complete control over budgets, including both the taxing and spending levels. At the end of each term, here's how they did:
President X:
Taxes = $100/yr
Expenditures = $100/yr
Deficit = $0
Now here comes President Y:
Taxes = $75/yr
Expenditures = $100/yr
Deficit = $200 (after 8 years)
Question: Was President Y more "conservative" than President X, or was he more "liberal."
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