Thread by @sahilkapur

NEW: Democratic candidates are abandoning the Clinton/Obama-era rhetoric of fiscal restraint for a new argument: money is no obstacle to achieving progressive goals.

A significant shift inside the party 👇

bloomberg.com/news/articles/…

The shift is driven by voter hunger to bridge inequality + four decades of Republicans raising the deficit while in power without much punishment.

Why, Democrats ask, is there always money for tax cuts and wars but not for health care or education?

bloomberg.com/news/articles/…

“Democrats are seeing themselves as Charlie Brown to Lucy and the football. At least some of them are waking up to the fact that they have been played.” —@StephanieKelton

bloomberg.com/news/articles/…

“The fact of the matter is there is plenty, plenty of money to go around.”

From Biden to Bernie, Democrats are ditching deficit-minded rhetoric to shift focus to expanding the safety net.

bloomberg.com/news/articles/…

Bill Clinton declared that “the era of big government is over.” Barack Obama said “we have to live within our means; we have to reduce our deficit.” Hillary Clinton in ‘16 attacked expensive “magic wand” ideas.

Those days are over.

bloomberg.com/news/articles/…

“The sharp change in attitude is propelled by Democrats’ irritation that Republicans have grown the deficit despite years of presenting themselves as the belt-tightening party.”

bloomberg.com/news/articles/…