• Maggoty@lemmy.world
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    5 months ago

    It’s been a straw man for some people certainly. That’s what I was saying. But it’s also an honestly held belief going back right to the original liberal political philosophers. And we absolutely worked in a bipartisan manner towards balancing the budget until Reagan.

    It’s also incompatible with a pro corporate oligarchy/dictatorship. One thing people don’t learn about Hitler is the reason he wanted “lebensraum” and to legally steal from Jews. Other than his meth addled hatreds, the government of Germany was still broke. He issued new currency that was literally a loan marker to solve this. But then he had to get actual capital and fast. So he stole it. He never stopped issuing those bills and there’s a very good argument to be made that the Third Reich was a ponzi scheme kept afloat because it’s stakeholders ran the government. This kind of fast and loose repeatedly plays out in fascist dictatorships.

    Social conservatism is hate politics now. But for hundreds of years it was patronizing and parental. Of the two it’s definitely closer and easier to turn into fascism. But we had it as a characteristic of both parties in the US for 150 years without it turning into fascism. So while it’s hate based now and it’s easy to turn hate into fascism, it too is capable of being a separate honestly held belief. Even if it is scientifically debunked in every way.

    So back to the original point, this far right knucklehead is attempting to convince normal conservatives that they’re the target and not the far right so they should ignore the warnings and keep voting for Trump and Co.

    • futatorius@lemm.ee
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      5 months ago

      And we absolutely worked in a bipartisan manner towards balancing the budget until Reagan.

      Balancing the budget is profoundly foolish fiscal policy. Long evidence has shown that countercyclical fiscal policy (running deficits during recessions; paying them down during times of growth) is far more effective. It is imbecilic to cut government spending during recessions when the need for government services is greatest, and it exacerbates economic downturns by removing liquidity from the economy at a time when it’s already short.

      • Maggoty@lemmy.world
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        5 months ago

        I never said it was good policy. Clinton was the last president to make it a thing, and by the time Obama came into office MMT was taking precedence. Bush either didn’t care or shrewdly covered his use of MMT with PR about fiscal conservatism. Now days I hardly ever hear about balancing the budget, fiscal conservatism is also being reduced to hate. They’re just weaponizing it against the poor instead of people who aren’t CIS het. god fearing, white men.