Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Christine Romans slams GOP's "stomach-churning" deficit hypocrisy (Original Post) catbyte Dec 2020 OP
How the GOP Used a Two Santa Clauses Tactic to Con America for Nearly 40 Years usaf-vet Dec 2020 #1

usaf-vet

(6,190 posts)
1. How the GOP Used a Two Santa Clauses Tactic to Con America for Nearly 40 Years
Thu Dec 31, 2020, 11:51 AM
Dec 2020
The Republican Party has been running a long con on America since Reagan's inauguration. and somehow our nation's media has missed it - even though it was announced in The Wall Street Journal in the 1970s and the GOP has clung tenaciously to it ever since.

In fact, Republican strategist Jude Wanniski's 1974 "Two Santa Clauses Theory" has been the main reason why the GOP has succeeded in producing our last two Republican presidents, Bush and Trump (despite losing the popular vote both times). It's also why Reagan's economy seemed to be "good."

Here's how it works, laid it out in simple summary:

First, when Republicans control the federal government, and particularly the White House, spend money like a drunken sailor and run up the US debt as far and as fast as possible. This produces three results - it stimulates the economy thus making people think that the GOP can produce a good economy, it raises the debt dramatically, and it makes people think that Republicans are the "tax-cut Santa Claus."

Second, when a Democrat is in the White House, scream about the national debt as loudly and frantically as possible, freaking out about how "our children will have to pay for it!" and "we have to cut spending to solve the crisis!" This will force the Democrats in power to cut their own social safety net programs, thus shooting their welfare-of-the-American-people Santa Claus.


https://tinyurl.com/y8odmmbw
Latest Discussions»Retired Forums»Video & Multimedia»Christine Romans slams GO...