'Tax cuts' and deficit in the US
'It's no secret that right-wing ideologues want to abolish programs Americans take for granted. But not long ago, to suggest that the Bush administration's policies might actually be driven by those ideologues - that the administration was deliberately setting the country up for a fiscal crisis in which popular social programs could be sharply cut - was to be accused of spouting conspiracy theories.'
It seems like a rerun of the Reagan era, and is indeed deliberate policy - a combination of tax cuts for the wealthy and boosted military spending leading to a huge deficit, a manufactured fiscal crisis which can then be used to slash spending for social programs. The 'war on terror' is also recycled from the Reagan time.
'Tax cuts' and deficit in the US
'It's no secret that right-wing ideologues want to abolish programs Americans take for granted. But not long ago, to suggest that the Bush administration's policies might actually be driven by those ideologues - that the administration was deliberately setting the country up for a fiscal crisis in which popular social programs could be sharply cut - was to be accused of spouting conspiracy theories.'
It seems like a rerun of the Reagan era, and is indeed deliberate policy - a combination of tax cuts for the wealthy and boosted military spending leading to a huge deficit, a manufactured fiscal crisis which can then be used to slash spending for social programs. The 'war on terror' is also recycled from the Reagan time.
'Tax cuts' and deficit in the US
'It's no secret that right-wing ideologues want to abolish programs Americans take for granted. But not long ago, to suggest that the Bush administration's policies might actually be driven by those ideologues - that the administration was deliberately setting the country up for a fiscal crisis in which popular social programs could be sharply cut - was to be accused of spouting conspiracy theories.'
It seems like a rerun of the Reagan era, and is indeed deliberate policy - a combination of tax cuts for the wealthy and boosted military spending leading to a huge deficit, a manufactured fiscal crisis which can then be used to slash spending for social programs. The 'war on terror' is also recycled from the Reagan time.
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