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MAY 11, 2013 - Business Insider

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Don't Let Republicans Fool You — They Actually Love Budget Deficits

Contrary to popular belief, Republicans don’t hate budget deficits. On the contrary, they love them. When they occur on the Democrats’ watch, they provide Republicans with endless talking points on how they are bankrupting the country and will inevitably lead to high inflation and interest rates. This is good for Republicans, politically, because rich people, the elderly and other core elements of the Republican coalition get scared and give lots of money to Republican candidates. In office, of course, Republicans care nothing about the deficit. They cut taxes willy-nilly, ... Read More

Tags: Don't Let Republicans Fool You — They Actually Love Budget Deficits,  Democratic Party Latest News