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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: booyaka who wrote (48356)	3/19/2006 10:43:03 PM
From: Oblomov	Read Replies (1) \| Respond to of 116555

I think your observations regarding Miller and the Democrats are mostly true. But, where Phillips has clearly abandoned conservative or traditional Republican principles is in the area of economic policy. For example, in his 1991 book Politics of Rich and Poor, then continuing with Boiling Point, then his 1995 book Arrogant Capital, and his 2003 book Wealth and Democracy, he takes a populist, center-left stance that owes more to Thomas Frank or Vance Packard than Garet Garrett or Friedrich Hayek. Contrast this with Bruce Bartlett's lastest book, Imposter, which really does attack Bush from a conservative, free-market economic position. There are some people who accuse Bartlett of sour grapes (for whatever reason, Bartlett has been shut out of policymaking circles since Reagan left office), but his work is carrying weight and getting a lot of discussion on the conservative and libertarian right, while Phillips' books are simply ignored.