washington, dc

The Democratic Strategist

Political Strategy for a Permanent Democratic Majority

Tea Partiers Against Deficit Reduction

So Beltway deficit hawks probably enjoyed the little scare thrown into financial markets today by Standard & Poor’s (yes, the folks who completely missed every sign of the financial crisis), which suggested future action to downgrade the U.S. government’s credit rating if nothing is done soon to achieve a bipartisan deficit reduction plan.
But the warning wasn’t really music to the ears of the supposedly-debt-obsessed Tea Party Movement, whose leaders right now seem to treat as Public Enemy Number One the possibility of a bipartisan budget plan, because they know it would have to include increased revenues.
RedState’s Erick Erickson has declared war on his own senator, Saxby Chambliss, for participating in the Gang of Six negotiations aimed at a Bowles-Simpson modeled deficit reduction package. All over the country, Tax Weekend Tea Party gatherings were focused on intimidating Republican pols into opposing any compromise with Democrats on budget issues.
It’s far past time to understand that conservative activists only care about budget deficits and debts when Democrats are in office, and only favor action on deficits and debts if they involve wrecking the New Deal/Great Society programs, and actually cutting taxes on the wealthy and corporations.
No bipartisan deficit reduction package will ever get the support of today’s conservative movement. It has to be their way or the highway, and their way means repeal of progressive taxes and progressive policies generally.
I hope the mainstream media finally gets that rather important detail straight.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.