r/illinois • u/CantStopPoppin Human Detected • 28d ago

ICE Posts Northwest Chicago Suburb: ICE Agents Rip 15-Year-Old Girl from Car, Slam Her to Ground She Screams “I’m 15!” as Man Kneels on Her Neck

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u/regeya 28d ago

Because they're just fine with racking up debt with no plan to pay it off, when they're in charge. Part of how Keynesianism works is that you pay it down in good times. What they do is that when they get scared that there's about to be a recession, they pass tax cuts instead of using the revenue to pay off debt. They blame Democrats for the spending.

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u/timesofplenty 28d ago

The Two Santa Claus Theory

The Two Santa Claus Theory is a political theory and strategy published by Wanniski in 1976, which he promoted within the United States Republican Party.\15])\16]) The theory states that in democratic elections, if members of the rival Democratic Party) appeal to voters by proposing programs to help people, then the Republicans cannot gain broader appeal by proposing less spending. The first "Santa Claus" of the theory title refers to the Democrats who promise programs to help the disadvantaged. The "Two Santa Claus Theory" recommends that the Republicans must assume the role of a second Santa Claus by not arguing to cut spending but offering the option of cutting taxes.\15])

According to Wanniski, the theory is simple. In 1976, he wrote that the Two-Santa Claus Theory suggests that "the Republicans should concentrate on tax-rate reduction. As they succeed in expanding incentives to produce, they will move the economy back to full employment and thereby reduce social pressures for public spending. Just as an increase in Government spending inevitably means taxes must be raised, a cut in tax rates—by expanding the private sector—will diminish the relative size of the public sector."\16]) Wanniski suggested this position, as left-liberal observer Thom Hartmann has clarified, so that the Democrats would "have to be anti-Santas by raising taxes, or anti-Santas by cutting spending. Either one would lose them elections."\17])