No, MSM, the current GOP deficits are nothing new

Certainly, the GOP attitude toward deficits is nothing new.

That's despite the AP, the Bezos Post and the Houston Chronicle, among other outlets, claiming the GOP acceptance of wall-to-wall deficits is a historic sea change.

Wrong, wrong, wrong.

Presidentially, with the exception of the brief interlude of Poppy Bush, GOP presidents haven't cared about deficits since Nixon. After all, Veep Dick Cheney said they don't matter.

In Congress, the Senate had its deficit hawks under Reagan, and Shrub Bush, but some had left the Senate and others gone mute by the time of Shrub Bush.

And, the variations of unsubstantiated supply-side economics get new makeup on their lips every couple of years and that's that.

So, MSM?

Just stop trying to normalize the national Republican Party.

Reaganomics refuted again

Despite all of their economy-stimulating hype, the Bush tax cuts have been a flop. The federal government gets less tax money per capita now than in 2000.

Individual income taxes came to just $2,900 per capita in 2010, down 36 percent from more than $4,500 in 2000. Total income taxes and income taxes per capita declined even though the economy grew 16 percent overall and 6 percent per capita from 2000 through 2010.

Or, to put it in graphic detail:

But, the trickle-down idea of Reaganomics isn't new. It goes back at least as far as Pierre du Pont and his opposition to the then-new Federal income tax in the 1920s.