Republican ‘Two Santa Clauses’ Theory Explains Their Rank Hypocrisy On Spending

Thom Hartmann: “The Republican Party has been running a long con on America since Reagan’s inauguration… In fact, Republican strategist Jude Wanniski’s 1974 ‘Two Santa Clauses Theory’ has been the main reason why the GOP has succeeded in producing our last two Republican presidents, Bush and Trump (despite losing the popular vote both times).”

“Here’s how it works, laid it out in simple summary:

First, when Republicans control the federal government, and particularly the White House, spend money like a drunken sailor and run up the US debt as far and as fast as possible.”

“Second, when a Democrat is in the White House, scream about the national debt as loudly and frantically as possible, freaking out about how ‘our children will have to pay for it!’ and ‘we have to cut spending to solve the crisis!'”

“There was no way, Wanniski said, that the Democrats could ever win again. They’d be forced into the role of Santa-killers by raising taxes, or anti-Santas by cutting spending. Either one would lose them elections.”

“Ronald Reagan was the first national Republican politician to fully embrace the Two Santa Clauses strategy.  He said straight out that if he could cut taxes on rich people and businesses, those tax cuts would cause them to take their surplus money and build factories, and that the more stuff there was supplying the economy the faster it would grow.”

“For working people it would only be a small token – a few hundred dollars a year on average – but would be heavily marketed. And for the rich, which wasn’t to be discussed in public, it would amount to hundreds of billions of dollars in tax cuts.”

“Two Santa Clauses had gone mainstream. Never again would Republicans worry about the debt or deficit when they were in office; and they knew well how to scream hysterically about it as soon as Democrats took power.”

 

 

Be the first to comment

Leave a Reply

Your email address will not be published.


*