08-22-2017, 02:22 PM
(08-21-2017, 04:00 PM)X_4AD_84 Wrote: One of the keys to the mystery is, how did the American people change from a people who could support austerity to a people who despised austerity?
That's no mystery. Austerity used to mean fiscal discipline in the form of higher taxes and restrained spending, including that for national security. The costs of the old austerity were shared by rich and poor alike.
Austerity proposed today is limited to discretionary domestic spending and typically comes as the expense of the poor. Furthermore this is on top of inflation control policy whose cost is already completely borne by working people. So non-rich people quite rationally do not like the new austerity.