04-30-2020, 11:18 AM
(04-29-2020, 03:13 PM)Warren Dew Wrote:(04-29-2020, 02:47 PM)Eric the Green Wrote: forcing fanatical, right-wing, neo-liberal Republicans to vote for left-wing Keynesian measures.
Establishment Republican Senators, which still includes most of them, have always been willing to give away taxpayer money to their special interests, just like the Democrats. And at this point, the big banks and other monopolists have the establishment of both parties in their pockets, so the majority of the "stimulus" that went to bail out big business, and indirectly, banks, is hardly surprising.
Neoliberals love government spending - as long as it goes into their pockets and not someone else's.
Prior to Reagan, both parties treated deficit spending in a similar manner: tax less and/or spend more when the economy was weak and the opposite when it was strong. Now, the GOP uses its magic tax cuts to deficit spend in good times, and bemoan Democrats use of deficits to revive the economy after the GOPpers have done it in. But no one touched Trump for overboard tax cutting and idiot spending. He's in his own class -- joined by the lemmings in his party. of course. For all of that wasted money, we could have finally gotten some infrastructure improvements -- projects that could be the catalyst back after the COVID mess subsides a bit.
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.