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.