About: US Fiscal Policy: Starving the Beast by Feeding It   Sponge Permalink

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The real agenda behind bankrupting the US government is not based on trickle-down theory, however. The Bush neo-conservatives call their real agenda starving the beast (by feeding it) -- they will increase the size of Big Government as fast as possible while simultaneously cutting taxes on the rich and on their corporate sponsors.

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  • US Fiscal Policy: Starving the Beast by Feeding It
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  • The real agenda behind bankrupting the US government is not based on trickle-down theory, however. The Bush neo-conservatives call their real agenda starving the beast (by feeding it) -- they will increase the size of Big Government as fast as possible while simultaneously cutting taxes on the rich and on their corporate sponsors.
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  • The real agenda behind bankrupting the US government is not based on trickle-down theory, however. The Bush neo-conservatives call their real agenda starving the beast (by feeding it) -- they will increase the size of Big Government as fast as possible while simultaneously cutting taxes on the rich and on their corporate sponsors. The theory is this: Because Republicans control both the legislative and executive branches of government, they control the US budget. However, they are simply too cowardly and weak to balance the budget. They just can't do it. Therefore the oh-so-clever strategy becomes to purposely bankrupt the US government. Then, they say, when the US government is on its fiscal knees, they will have to actually cut spending and/or raise taxes...because the US will have reached the status of a third-world country with tremendous foreign debt and no ability to pay its bills.
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