Here's an example from today's WSJ.
Fed Governor Jerome Powell said in a speech Thursday that, though growth has been middling so far this year, he has been surprised at how well the economy has performed in the face of tighter fiscal policy.
What tighter fiscal policy? They didn't cut anything, just didn't add any new spending. If they made any real cuts, most likely the market reaction would've been even better, as hard as that is to imagine.
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