Thursday, September 28, 2017

Nobody Ever Cared About The Deficit

The simplest proof of the fact that almost every political reporter was either dumb as rocks, happy to be lied to, or, most likely, was on board with the ideology that government spending money on anything except war is bad, was that they took deficit concerns seriously. Nobody cares about the deficit (and, mostly, they shouldn't!).

For years, Republican lawmakers lamented the soaring national debt, pressing for spending cuts and clinging to the mantle of fiscal responsibility. But last week, Senate Republicans hammered out a deal to allow for as much as $1.5 trillion in tax cuts, betting that supercharged growth will make up for lost revenue, a potentially dubious prospect. The tax plan outlined Wednesday by the White House and Republican leaders in the House and Senate could cost more than $2 trillion over the next decade, according to a preliminary estimate by the Committee for a Responsible Federal Budget.

They don't care. They never cared. Republican presidents run up the deficit and Democratic ones bring it down, and after decades of this the Republicans are still the party of fiscal responsibility according to political journalists. Republicans hate spending any money for nice things and love tax cuts for rich people. That's it. I am a dumb blogger and I know this. You all get paid big salaries by our leading media outlets and you are stupid or liars.