Roger Simon: The raison d'etre of the Democrat party is dead

How can you can you be the party of redistribution and giving away other people's money when there is none to give away.  The left's social and regulatory agenda has never been popular with most Americans, only the Ponzi got them to vote.  But when the Ponzi runs out, as Bernie Madoff discovered, there is nothing left but destruction and humiliation.  Roger Simon:

No, like a good Time mag boy, Halperin is simply kicking the can down the road, when the reasons for the Democratic breakdown are infinitely more serious, starting with this little tidbit — Keynesian economics is dead. Giving away money as the route to political success or attempted social justice just isn’t going to work anymore, because there isn’t any money to give away. And it’s only going to get worse as the population ages. The whole justification for the Democratic Party — the welfare state — is one giant Ponzi scheme that makes Madoff seem like a piker.

Perhaps this is why the Left is having a nervous breakdown - Roger Simon has more here.