There's a deep pathology at the heart of the GOP. They've become the party of Tax Cut Psychos. It's become an irrational religion for which there's no basis. Now, for every problem the nation faces... tax cuts are the answer. Clinton Surplus? Tax cut! Clinton Surplus disappears? Tax cut! Bush recession? Tax cut! Economy's doing well? Tax cut! We're now 16 trillion in debt? Tax cut! Even when revenues in constant dollars have been BELOW Clinton's last year for NINE of the past 11 years... the GOP insists there's NO revenue problem. It's all a spending problem. The GOP has taken common sense budgeting off the table and replaced it with their psychotic economic theories. Yikes!
What can account for this madness? I suspect that when the Right stumbled on their Starve The Beast strategy... a plan to use fiscal irresponsibility to sabotage the finances of the federal government... hoping to undermine New Deal and Great Society safety net programs, it flew in the face of traditional fiscal conservatism. How could such fiscal irresponsibility be sold to a traditionally fiscally conservative party?
During the Reagan years Orwellian Right think tanks turned out that rationale... that tax cuts especially for the rich would create a revenue boom and they'd pay for themselves. Oops, nope, that didn't happen. Hey, blame the Democrats for spending this bounty! And these tax cuts didn't favor the rich… they SOAKED the rich! Look! They are paying a bigger share of the shrinking tax pie! (But are they paying more in actual taxes?)
The Starve The Beast strategy escalated under Bush2. Irresponsible revenue cuts weren't enough, there needed to be irresponsible spending as well. Madness, of course. Yet we often see here the braindead acolytes here parroting the same insane rationalizations.
With perhaps 30-40% of the nation buying into this utter insanity, we do need to fear for our nation.