Thursday, October 18, 2018

The Revenge Of The Son Of Austerity Hysteria, Con't

As I predicted time and again, after it became clear that the 2017 GOP tax cut scam was going to skyrocket the deficit and add trillions of the national debt over ten years to give tax breaks to corporations and the wealthiest one percent, Republicans were going to insist Democrats had to cut Social Security and Medicare, and Medicaid and make them take 100% of the blame for it.

We've reached that stage of the con now.



Republicans have removed all doubt: When it comes to the federal deficit, the problem is Medicare and Social Security — not their own tax cuts for corporations and the wealthy.

Fresh off the news that the deficit is increasing under President Donald Trump, Senate Majority Leader Mitch McConnell told Bloomberg News that Congress should target Social Security and Medicare for cuts to address the growing federal debt.

The federal deficit grew by nearly $800 billion over the first fiscal year of Trump’s presidency, during which the Republican Congress passed a tax cut targeted mostly to corporations and the wealthy, which is projected to add more than $1 trillion to the deficit over the next 10 years.

The White House and GOP leaders promised that despite all projections to the contrary, the tax cuts would pay for themselves. That hasn’t materialized so far.

But, of course, a growing federal deficit hasn’t caused Republican leaders to reconsider their tax policy. Instead, they argue that entitlement reform — Republican-speak for cuts to popular social safety net programs — is what’s really needed to address the federal deficit.

From McConnell’s interview with Bloomberg this week:

Senate Majority Leader Mitch McConnell blamed rising federal deficits and debt on a bipartisan unwillingness to contain spending on Medicare, Medicaid and Social Security, and said he sees little chance of a major deficit reduction deal while Republicans control Congress and the White House.

It’s disappointing, but it’s not a Republican problem,” McConnell said Tuesday in an interview with Bloomberg News when asked about the rising deficits and debt. “It’s a bipartisan problem: unwillingness to address the real drivers of the debt by doing anything to adjust those programs to the demographics of America in the future.”


Republicans were actually signaling during the tax debate, before the bill ever passed, that this was their strategy: pass a deficit-exploding tax cut and then argue that the real problem is federal spending on health and retirement benefits.

Massive, massive cuts are coming, and Republicans are going to blame Nancy Pelosi, Chuck Schumer and the Democrats when they come. The fact that the GOP tax scam bill exploded the deficit?  Irrelevant, it only serves as proof that Democrats aren't serious about budgets when they refuse to cut spending, and our media will play dumb like they always do.

Even worse, Republicans will simply say "Democrats will raise taxes on tens of millions of middle-class Americans" unless they go along, setting up Trump for his key issue in 2020.  And should the Dems be dumb enough to capitulate, they'll take 100% of the blame, and the Myth of the Fiscally Responsible GOP will continue to be the truth for the majority of voters and pundits.

We've seen this game before, we saw it coming for over a year, and Dems still don't know how to counter it.

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