At first I thought Kevin Drum was re-branding “laissez faire” into “economic nihilism.“ But after reading the linked article, which blames deficits 100% on Republican tax-cutting rather than either Democratic or Republican free spending, I suppose he is really equating the policy of opposing tax increases to economic nihilism. For this to be true, given the definition of nihilism, it means that all meaning, purpose, and everything of intrinsic value flows from the government. Denying government more money = nihilistic negation of reality.
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