You can always tell when the Democrats are either solidly in power or think they’re about to be kicked out of power – or, as is currently the case, both. That’s when they push for massive taxing and spending. The Democrats’ reputation for taxing and spending is so well-established, Will Rogers was telling jokes about it in the 1920s, although if he’d known it would end up in a $28 trillion debt, it might have been harder to laugh about it.
When the Dems are out of power, they do everything possible to convince voters that they’ve learned the error of their ways. They’re now the new pro-business, fiscally-responsible Democrats. And the voters, prodded by a leftwing media who convince them that whatever Republicans have the economy humming and the border secure are really Nazis, believe the Dems and reelect them. And then they go on a spree like a spoiled teenager with mom’s platinum card.
Right now, the Dems are in power and sense the foot of the voters itching to kick them out of office in 2022, so they’re not only pushing two spending bills that total nearly $5 trillion, but on Monday, the House Ways and Means Committee unveiled a massive tax hike proposal to pay for it. This is their definition of fiscal responsibility now: massive inflationary spending responsibly offset by economy-killing taxes.
Here’s an analysis from Fox Business News, explaining how these proposals will once again kill American jobs and drive US businesses overseas.
It’s really astounding the way voters have to keep learning the same basic economic lessons the hard way, over and over again. But at least they learn it, even if they forget after a few years. Democrat politicians haven’t learned anything since the ‘20s. Well, at least I know I’ll always be able to recycle Will Rogers’ jokes about them.