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OpEdNews Op Eds    H1'ed 11/19/22

Republicans Prepare to Attack America with Santa Claus

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Reprinted from hartmannreport.com

This is part of an old GOP strategy "- dating back to the Reagan Revolution "- which worked well for them during both the Clinton and Obama presidencies

Bad Santa
Bad Santa
(Image by DanCentury from flickr)
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The only thing wrong with the U.S. economy is the failure of the Republican Party to play Santa Claus.
"-Jude Wanniski, March 6, 1976

The headline yesterday over at Politico says it all:

White House's hopes for a lame-duck debt ceiling deal are fading fast.

It's no accident or coincidence that this never once happened during the presidencies of Reagan, Bush, Bush, or Trump. Or that it did happen during the presidencies of Clinton and Obama"and, now, Biden.

You could even call it a conspiracy: there's an amazing backstory "- with a unique name"- here.

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

To set up its foundation, the Two Santas strategy dictates, when Republicans control the White House they must spend money like a drunken Santa and cut taxes on the rich, all to intentionally run up the US debt as far and as fast as possible.

They started this during the Reagan presidency, and tripled down on it during the presidencies of Bush and Trump.

Massive tax cuts and uncontrolled spending during Republican presidencies produced three results:

  1. They stimulated the economy with a sort of sugar high, making people think that the GOP can produce a good economy;

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Thom Hartmann is a Project Censored Award-winning New York Times best-selling author, and host of a nationally syndicated daily progressive talk program on the Air America Radio Network, live noon-3 PM ET. www.thomhartmann.com His most recent books are "The Last Hours of Ancient Sunlight," "Unequal Protection: The Rise of Corporate Dominance and the Theft of Human Rights," "We The People," "What Would Jefferson Do?," "Screwed: The Undeclared War Against the Middle (more...)
 

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