Hartmann: "They Blew Up the Debt, Stalled America's Future, and Stuck You With the Bill"

[CousinIT]

https://hartmannreport.com/p/they-blew-up-the-debt-stalled-americas-f86

. . .

It all started in the 1970s when Republican strategist Jude Wanniski noted that Republicans were viewed as Grinches while Democrats — who’d brought the people the minimum wage, Social Security, Medicare, Medicaid, free college, and dozens of other popular programs — were viewed as Santas.

His solution was twofold: have Republicans become the “tax-cut Santas” while forcing Democrats to “shoot their own Santa” in the face by cutting back on those gift-like programs.

. . .

It has two parts:

1. When a Republican is in the White House, spend money like a drunken sailor, running up the debt as hard and fast as possible. All this deficit spending on the national credit card also produces “good times” by stimulating the economy like crazy, making Americans think Republicans are good with economics when in fact they’re only good at spending borrowed money.

2. When a Democrat is in the White House, start screaming about the debt and how “our children will have to pay for this!!!” to force that president and the Democrats in Congress to “shoot” their own social programs by cutting them back, producing hard times and reducing the deficits. . . .