You see it in Presidential statements, in Bill Clinton’s pro-Obama ad, and all over the place:
“Deregulation and tax cuts are what got us into this mess in the first place”.
It’s a Big Lie, and they’re repeating it over and over and over, in hopes that they can lop off not only the low-information voters, but maybe a few “moderates” and “Independents” who don’t pay much attention beyond the sound bites.
The melt-down in the financial industry was caused by the socialization of risk and privatization of reward – by the government.
The melt-down had nothing to do with tax cuts. Democrats say that the deficit was exacerbated by the Bush tax cuts – which is true, if you believe that spending is inviolate and must be paid for rather than cut.
“But non-discretionary spending is, well, non-discretionary”. Only if you don’t have the guts to change the laws.
Long story short: the Democrats are lying to you, in hopes that enough of you are uninformed or incurious enough to buy their BS.
There’s really no more artful way to put it. And I’m getting tired of trying to be artful about it.
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