Paul Krugman predicts, accurately, that establishment media will blame any Democratic losses this fall on “liberal overreach”. This criticism generally takes two forms: (1) accusations of unAmerican soshulism (sometimes more politely phrased) by right-wing pundits and (2) hand-wringing about the debt from center and “left-center” pundits.
I understand (1) perfectly well, but why (2)? Why has establishment media generally decided that debt is the worst problem ever? Where does this come from?
I honestly don’t know.