See Hartman's article here. The gist of it is summed up in the following excerpt. See it for more detail:
"First, when Republicans control the federal government, and particularly the White House, spend money like a drunken sailor and run up the US debt as far and as fast as possible. This produces three results – it stimulates the economy thus making people think that the GOP can produce a good economy, it raises the debt dramatically, and it makes people think that Republicans are the 'tax-cut Santa Claus.'
"Second, when a Democrat is in the White House, scream about the national debt as loudly and frantically as possible, freaking out about how 'our children will have to pay for it!' and 'we have to cut spending to solve the crisis!' This will force the Democrats in power to cut their own social safety net programs, thus shooting their welfare-of-the-American-people Santa Claus."
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