Cut and Hoard Republicans

Are worse than "tax and spend" Democrats.

Our economy is based on a market for goods and services. When Democrats "tax and spend," it means more demand in the market. More demand means more business, and more business means more jobs.

When Republicans cut taxes, and cut government spending, and hoard the national wealth for themselves, it means less demand in the market. They may buy more diamonds [Newt Gingrich] or more expensive wine [Paul Ryan], but they simply cannot compensate for the hundreds of millions of consumers now with less ability to consume. So the net result is less business and fewer jobs. If we cut taxes to "nothing," and government spending to "nothing," the result would be the same.

But, in the end, this is for Republicans a moral imperative, not a question of economic rationale. That is why the economy could collapse around them and they would feel self-righteous, even as their homes are devalued. Their austerity policies could lead to riots, and they would simply blame the rioters for not accepting the destruction of their dreams, the elimination of their expectations, and a lifetime of deprivation....so the rich could hoard more and more.

You simply cannot have both economic feudalism and political democracy. This leads to the question I believe we face in the U.S.: will we accept political feudalism, as the Republicans want, or take measures to "democratize" our economy?