Over many decades, the Democratic party earned a reputation among voters for backing higher government spending and government programs over private-sector initiatives. Americans thus came to see the party as largely uninterested in fiscal restraint, especially the kind of restraint that would help keep taxes from rising. In contrast, Republicans have built their brand around fiscal conservatism — holding the line on taxes, spending, deficits, and debt.
But in recent years, Democratic politicians and their apologists have tried to peddle the notion that historical perceptions about the parties regarding fiscal matters are erroneous. According to the narrative now promoted by most party activists and often repeated in the mainstream press, despite perceptions, it’s actually the Democrats who are now the party of fiscal conservatism, because they’re willing to raise taxes. Republicans, it is contended, are now fiscally reckless on account of their taxophobia.
Keep reading this post . . .