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Fiscal Conservative, social Liberals have a lot to learn

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  • Liberal
    Independent
    Durham, NH
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    A timely and excellent article all so called "fiscal conservatives" should read.

    www.alternet.org/news-amp-politics/7-things-people-who-say-theyre-fiscally-cons...t
  • Strongly Liberal Democrat
    Democrat
    Portland, OR
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    Interesting read. Thanks for sharing.

    I agree with much of what the article says. I don't think that every liberal has to agree with everything I think, nor do I expect it, but I do believe that liberals have certain and specific ideals that are incompatable with someone who says they like trickle down economics, but then says they care about income inequality.
  • Independent
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    One was intrigued by this from the comments section:

    "being fiscally conservative can can mean you believe in a balanced budget."

    Belief in a balanced budget is of necessity nonsense. The eu is experiencing just such nonsense now. A budget and debt are tools, not beliefs, and as such they must be used when the situation requires. For example despite projections the so-called Clinton surplus wouldn't have lasted even if bush hadn't pushed tax cuts or Iraq. Projections make assumptions that very often are not based upon worst-case scenarios but best case to make a politician/party look good.
  • Liberal
    Independent
    Durham, NH
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    That's correct LB. a balanced budget is not only meaningless its undesirable for a country such as the USA that has and prints its own globally used currency. The EU on the other hand has to be concerned with a balanced budget as they all use a vommon currency.

    Most people are totally out of touch on this and that included a good portion of the US congress. States and local government (towns and cities) for example do need balanced budgets to ultimately survive but they don't produce their own currency like the federal government.

    how many times have we seen some blowhard federal legislator shooting their mouth off on TV about how the federal government has to have a balanced budget when they either have no concept of why we don't or are simply dumbing down their rhetoric for political reasons!
  • Independent
    Ft.myers, FL
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    lonely bird Wrote: One was intrigued by this from the comments section:

    "being fiscally conservative can can mean you believe in a balanced budget."

    Belief in a balanced budget is of necessity nonsense. The eu is experiencing just such nonsense now. A budget and debt are tools, not beliefs, and as such they must be used when the situation requires. For example despite projections the so-called Clinton surplus wouldn't have lasted even if bush hadn't pushed tax cuts or Iraq. Projections make assumptions that very often are not based upon worst-case scenarios but best case to make a politician/party look good.
    The word "budget" means nothing; ask the Pentagon. Budget systems are wrong; nobody ever gives money back if costs comes out below budget and returns the money; they always work it such way that the "budget" is fully spent regardless of waste etc. and ask for a bigger budget the next year etc. etc. No one looks at efficiency or actual results or quality; just fill the "budget" and give raises to the one's who manage to boost the budget each year. That is how the government works.
  • Strongly Liberal Democrat
    Democrat
    Dallas, TX
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    A "balanced budget" itself doesn't limit "waste", it can cause tremendous "waste", e.g. unemployment, restricted output.

    Unemployment is the evidence that taxes are too high or gov't is not spending enough for the given credit expansion.

    Yes, gov't could spend less and then taxes could be even lower, etc.

    Have to hold leadership accountable. That's a "democracy" problem, and it can't be solved with "fiscal conservatism."