From Pine View Farm

Republican Economic Theory Theory 0

An interesting speculation on why they don’t care about the national debt.

If you think that Republicans care because they say they claim to, remember what your Mama used to warn you: “Watch what they do, not what they say.”

National Debt Chart
Click the chart to be linked to its explanation.

On to the theory:

I suspect that the reason the GOP is not serious about debt reduction is because they see the national debt as a benefit program for the wealthy, who are paid interest for holding it. This has been their default position since Alexander Hamilton and forms the basis for an aristocracy of wealth in this nation.

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