Myths/liberal policies put us more in debt

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Claim: Liberal policies cause more debt, while "conservative" policies reduce it.

This is the opposite of the truth. From a fiscal viewpoint, liberal policies tend to do two things:

  • Engage in common-good investment that:
    • improves the economy over the long term (and often in the short term as well, e.g. stimulus spending)
    • disproportionately benefits those with the most need
  • Increase taxes -- especially on those with the most surplus, i.e. the rich -- to pay for these investments.

The anti-liberal mainstream media tends to dishonestly frame such responsible, forward-looking policies as "tax-and-spend" -- leaving many people with the image of personally being drained by taxation in order to pay for heedless liberal indulgence; an equally honest phrase for "conservative" policies would be "borrow-and-spend", since that has been the historical pattern for Republican/"conservative" administrations since the Reagan era.