this is the point when Democrats realize they are probably going to be tossed out on their ear in November so it's SPEND BABY SPEND!!!
They are going to try and get as much of their bullshit pork projects and bills through as possible while they still can, even if that means tanking the country's economy in the process.
It makes economic sense in certain situations. Like the housing market for example, it is better for a lot of people to simply default on their home loans.
Greece is going to intentionally default eventually even if they receive all bailout. The social cost of austerity to them is too great.
Dude, it's not even about a democrat vs. republican thing anymore. Such an agenda has been in place for the last 7-8 decades, regardless of the party in power...