There are many facts that support the argument that Liberal policies have done the most to damage the lower socioeconomic class's. And if conservatives have been spending like a drunken sailor, liberals have been spending like a fleet of drunken sailors.

You say that "the Tea Party doesn't have the slightest understanding of economics of fiscal policy". I say that any Democrats that do have an understanding of economics and or fiscal policy and then pursue the objectives of the current administration, are seeking to, *"to create permanent dependency on government (and fealty to the party of government)" without regard to the fiscal and economic consequence that must follow the implementation of their desired policies and or programs.

*source, The Republican Embrace of the Welfare State, by Andrew C. McCarthy