So here I was thinking I had come up with a new term of endearment: “Debtocrats.” Alas for me, the term is not new, apparently. Not only are other internet commentators using it: http://hotair.com/archives/2009/05/13/stupid-rnc-to-pass-resolution-rebranding-democrats-the-democrat-socialist-party/comment-page-2/
but the term goes back at least to the 1950s, when coined (for the first time?) by a one-term Republican Congressman from WV, Francis J. Love.
http://www.wvculture.org/history/government/eisenhowerwheeling02.html
http://en.wikipedia.org/wiki/Francis_J._Love
So in honor of Congressman Love, let us once again call them Debtocrats.