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> There is no fiscal conservative left in America. Truer words have never been spoken. Fiscal conservatism died with Reagan.
by voisin 3y ago
> There is no fiscal conservative left in America.
Truer words have never been spoken. Fiscal conservatism died with Reagan.
- sanp 3y agoYes, Reagan the fiscal conservative who tripled the deficit and national debt: https://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_reaganomics.html https://www.pbs.org/wgbh/commandingheights/shared/minitext/e...
- imtringued 3y agoGreek austerity imposed by Germans had resulted in the doubling of debt as percentage of GDP.
- Rinzler89 3y agoWhich Germans imposed Greek austerity? AFAIK Greek austerity was imposed by Greece's major creditors, but Germany was only one of many.
- buran77 3y agoBetween Brussels and Frankfurt (EU institutions I mean) the general consensus was that the Greek situation was more akin to loansharking than anything else. And Germany was undeniably the largest driving factor behind this approach, and the country that most benefited from it.
- Rinzler89 3y agoBut what was the better alternative for Greece?
- MisterBastahrd 3y agoIn what way was Reagan a fiscal conservative other than making the poor targets for pain? He destroyed half the social safety net in this country while running on a hideously bigoted platform and STILL ended up spending an insane amount of money compared to his predecessors. The only fiscal conservative of the past 50 years in the White House was Bill Clinton.
- Slava_Propanei 3y ago[dead]
- MathMonkeyMan 3y agoI saw an interview where Bill quipped "You know how we balanced the budget? We used a little thing called 'arithmetic'."
- lostlogin 3y agoImagine a candidate who could make a quick, sharp and accurate quip. Out here in the wider world, American elections are more terrifying every time they come around.
- silverquiet 3y agoThat one of the two American political parties believes they can lower the deficit by cutting taxes (primarily for the wealthy but that's immaterial to the basic math here) has always created some sense of unreality for me; I really no longer understand what the goal is for many of these people and I often think that they don't really know either. It's almost pure nihilism except when it comes to lust for power.
- jpgvm 3y agoIt's much less deep then nihilism. Their goal is simply to live their life as richly as they can at the expense of those they consider less than themselves. They are the wealthy and they act accordingly. Why anyone sees Republicans as anything else boggles my mind. Anyone who isn't a billionaire and is voting Republican may as well be a turkey voting for Thanksgiving.
- deleted 3y ago[deleted]
- unyttigfjelltol 3y agoFiscal conservatism died with fiat and John Maynard Keynes' "In the long run we are all dead."
- trts 3y agomaybe more like Bush. Clinton was the last president who oversaw a brief surplus in the federal budget and once said "the era of big government is over". pretty wild to think that surplus was in part driven by the internet boom. now we have some kind of stock market boom while the federal deficit is 10% of total GDP and national debt is growing by a trillion dollars (a million times a million) every 100 days or so.