Stan Collender of Capital Gains and Games can’t figure out why the Tea Party Republicans are so concerned about the national debt and against additional borrowing when interest on rates on Treasury debt is lower than it has ever been, and real interest rates are such that purchasers of Treasury debt are actually paying the Federal Government to borrow their money:
[T]he real question is why government borrowing has been and continues to be such a political issue and why the tea partiers in the Republican Party continue to insist it’s the tool of the devil.
The answer is, of course, very simple. It is the culmination of the so-called “Southern Strategy” for GOP dominance. The “tea partiers”–who are nothing more nor less than the same exact white racist, misogynist, homophobic, nativist, christian pig people base of the GOP that has served as such since the “Dixiecrats” left the Democratic Party over desegregation and the Civil Rights Act–are convinced that this borrowing is going to pay for benefits to “parasites” and “moochers”: black and latino americans, jews, coastal elites, immigrants, muslims, homosexuals, democrats, and all the other non-white, non-christians they have been trained to despise for the last 40+ years.
Go read the Lee Atwater interview again, and the answer to Stan’s question is right there. “The national debt” is nothing more than the current version of the same old, same old code words since the pig people can’t say “nigger, nigger, nigger” anymore: “forced busing”, “states rights”, “freedom”, “liberty”, “government employees”, etc. The “tea partiers” are neo-Confederate pig people who long for the days when the power of white christian privilege was completely unquestioned and had no real challengers.