4 ms·
"we must bring the deficit under control," that's funny because Reaganomics was the beginning of the "deficits dont matter" wing of the Republican party.
by doubloon 2y ago
"we must bring the deficit under control,"
that's funny because Reaganomics was the beginning of the "deficits dont matter" wing of the Republican party.
- deleted 2y ago[deleted]
- pstuart 2y agoaka The Two Santas.
- api 2y agoIt was also the start of politically weaponized Keynesianism. When Republicans are in power they spend massively to stoke the economy while using deficit hawk rhetoric. When they lose power they blame the ensuing deficits on Democrats. Works incredibly well because people don’t look beneath the headlines.
- 2OEH8eoCRo0 2y agoThe two Santas theory. https://en.wikipedia.org/wiki/Jude_Wanniski#The_Two_Santa_Claus_Theory https://en.wikipedia.org/wiki/Jude_Wanniski#The_Two_Santa_Cl...
- willis936 2y agoNot to be confused with the Futurama episode named after this theory, written by Bob Odenkirk, and that definitely lives rent free in my mind. https://en.wikipedia.org/wiki/A_Tale_of_Two_Santas https://en.wikipedia.org/wiki/A_Tale_of_Two_Santas
- scapp 2y ago*Bill Odenkirk. Bob is his brother