The last time a Democratic President had a clue about how to run a government was when John F Kennedy was in charge. While planning a tax cut of his own, he said:
“Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased — not a reduced — flow of revenues to the federal government.”
He knew, unlike the grasping, manipulating Democrats of today, that the economy was healthiest when it left income in the hands of the people who produced it, and not when it was vacuumed into the giant black hole of waste that is government today.
“Our tax system still siphons out of the private economy too large a share of personal and business purchasing power and reduces the incentive for risk, investment and effort — thereby aborting our recoveries and stifling our national growth rate.”
“The federal government’s most useful role is not to rush into a program of excessive increases in public expenditures, but to expand the incentives and opportunities for private expenditures.”
Now the party's nothing more than a bunch of vampires, always hunting for new blood and caring not the slightest about the long-term health of the country. The Democratic method is handouts, distortions, and selfish greed; they are now the party of envy and complaint.