Franco Modigliani

The immediate effect of the deficit is to make you feel good, like when you go on a trip and pay later. You feel good, and then you get a hangover. The deficit makes you feel good - until you pay later.

But Hale's warning the President about going to Dallas was that there was great infighting among the members of the Democratic party and the Democratic stars in the state and he didn't want the President to become involved in a factional disagreement.