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Politics : The Obama - Clinton Disaster
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To: Bill who wrote (13712)6/15/2009 2:15:20 PM
From: DuckTapeSunroof1 Recommendation  Read Replies (1) of 103300
 
Not a fiscal conservative if you are not willing to TIE THE HANDS of whichever bunch of politicians, tie the hands of WHATEVER POLITICAL PARTY may ascend to power in the future by REQUIRING BALANCED BUDGETS.

No, that makes you a partisan... willing to continue the status quo, spend, borrow, whatever... just so long as your OWN FAVORED PROGRAMS are continued.
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Just because someone is against any and all taxes doesn't mean they are "for" Balanced Budgets and Fiscal Prudence. It just means you are against taxes....

If you don't support enough revenue to cover outlays, (and you don't cut that spending, those outlays...), then the difference is made up by BORROWING.

So the exact same amount of debt is laid on the back of the citizens, except that NOW it comes with INTEREST CHARGES that year-by-year raise the debt load even higher.

That is NOT "fiscally conservative" what that is is FISCALLY LIBERAL.

So... simply because someone claims they are 'fiscally conservative' because they 'oppose taxes' it's is not necessarily so.

To be Fiscally Conservative you must support BALANCING BUDGETS. (Because --- from the point-of-view of budgets, borrowing can be even worse then taxes....)

But PAYING FOR WHAT YOU SPEND is the hallmark of fiscal conservatism.

(Then, when faced with the stark choices that would be required to be made between spending and taxing --- when balanced budgets are the LEGAL REQUIREMENT --- societies can make their own policy decisions about what they actually want and can afford to buy, and what they can't... but it is only the Fiscally Liberal who try to pass all those hard choices off onto the future by *borrowing* long-term to cover their short-term fiscal imprudence.)
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