Large Stockman

Is the Gov. Walker’s budget shortfall an example of the “strategic deficit” that Neocons talk about?

“President Ronald Reagan’s budget director David Stockman coined the phrase “strategic deficit” to describe the usefulness of creating long-term budgetary shortfalls to undercut political support for governmental spending. As Stockman privately told Sen. Daniel Patrick Moynihan in 1981, accruing large deficits “gives you an argument for cutting back programs that really weren’t desired and giving you an argument against establishing new programs you don’t really want.” Moreover, strategic deficits can enable opponents of public investments to sound compassionate — “We can’t steal from our children to pay for our short-term desires.” …”

Yes they are out to get rid of all social programs by creating deficits with corporate welfare. Just a bunch of reverse Robin Hoods.

David Stockman No Taxes, No Spending Cuts, Obama’s big war budget are defacto statements for a US Default