Posted on 06/11/2022 7:51:17 PM PDT by Costco1
Why does it feel like real fiscal conservatives are an endangered species?
The current US economic climate is an unsustainable disaster caused by the idiotic policies of not just the Biden administration but trumps as well.
When trump took office the deficit was somewhat manageable, and trump proceeded to exploded 500% (increased by trillions)in 4 years. Trumps idiotic reckless spending is not somehow less damaging than bidens idiotic reckless spending just because he is on your team. Trump and Bidens economic policy is the equivalent of maxing out your credit cards getting payday loans and a reverse mortgage buying a new Benz and a Rolex while bragging about how much money you have. It only looks good to someone with not even a surface level understanding of economics. We have done that but on the national scale, creating an inevitable economic catastrophe and kicking it down the road while hoping that when it goes off the other side will get the blame for something that both sides are just as complacent in.
Even before covid trump was exploding the deficit.
Trump took office with 500 billion deficit and left with a 3000 billion one, even if you take out the COVID spike he still was in the process of doubling it.
If you want more trump don’t pretend to be a fiscal conservatives, you support big government spending and deficits as much libs do. At least they are honest and open about it and don’t run on getting spending under control
The economic policies of Biden and trump are both to blame for the mess we are in.
But try to Explain how I’m wrong and fiscal conservatism is a 500% deficit increase in 4 years and that didn’t lead us towards the economic disaster facing us now with Biden following the same script.
The ones that do exist don’t have the votes.
Rand Paul, I believe, would definitely set America on the path to fiscal solvency if he had the votes.
“ So you are a proud socialist?”
I don’t know what you mean. I opposed the wasteful Iraq War. That makes me a helliuva a lot more fiscally conservative than the Republicans who backed it. They were fine with torching trillions of dollars in Iraq.
That someday investors here and abroad will say “No, we ain’t buying your bonds anymore” is something they never consider, because that will be someone else’s problem.
In the meantime, what we generally hear is “My Social Security is untouchable, because I paid into it all these years” (idiocy), “America is an unjust country whose taxpayers now and later need to fork over unlimited dough to make amends” (idiocy) and “We’re the most powerful country, let’s keep spending the future’s money to keep it so” (idiocy.)
The problem is not politicians,, the problem is stupid, selfish us.
Wages went stagnant (adjusted for inflation) in the 1970s and haven’t budged since.
American trade balance went negative then as well, and hasn’t looked back. The economic tsunami has been brewing since that time, and cannot be blamed on the last few presidents. Nixon unilaterally severed the last remaining link tying the dollar to gold (because Fort Knox was being emptied) and from then on the currency floated against the others.
Some sort of petro-dollar arrangement was made, where the USD would still be used to settle oil purchases overseas. This means if Spain were to buy oil from Albania, they used US Dollars. This created a very large demand for dollars and effectively allowed the American government to export monetary inflation to some degree.
I don’t have a crystal ball, but if or when the music stops, it will be Epic. It will be “interesting” because some sort of standard or store of value must be acceptable for payment, and the current crop of politicians coming up has absolutely no idea how anything works. They can’t even change a tire. Their first inclination will be to print up a bunch of free money.
Right now they are insisting on forcing people to purchase expensive rechargeable battery electric cars, when rolling blackouts are the norm on an aging grid infrastructure, retiring nuclear power plants, shutting down coal plants, and demonizing natural gas and oil, shutting down pipelines.
The only complaints libertarians can have against social conservatives is they're not laser focused on lowering taxes and regulations, and they want to impose conservative social norms on left libertarians.
The big spenders in the conservative camp are national defense cheerleaders, neocons, and crony capitalist shills, which ironically include some libertarians.
So, what was your freeper name during the FR primary wars of 2015-2016?
There are at least two fiscal conservatives:
There is Rand Paul and myself. I assume there are many others but those are the only ones I can vouch for.
There are probably more than we think, but they don’t have the levers of power.
...perpetuated by Bush 1 and supported by Clinton, let’s not forget.
GOP believed/believes George HW Bush lost because he added a 31% tax bracket on top of the Reagan 28% top rate. Since then,…partly because of Hannity & Fox, GOP opposes any & all tax increases, while demanding more tax cuts….regardless of deficits & debts. Moreover, except for a few—eg, Jeff Flake who opposed “earmarks” & who proposed a 10% across-the-board spending cut to pay for the Iraq war & who opposed insipid “payroll tax holidays”….or a Rand Paul, who would take an ax to the whole federal budget & would take on the military-industrial complex with help from a Tucker Carlson——most Republicans cannot think of anything they want to cut except Social Security & Medicare spending, which is so politically unpopular, GOP mostly doesn’t want it anymore. Ted Cruz ran for president , pushing a 10% flat income tax with a zillion deductions—-just as much “la la land’ policy making as Nancy Pelosi’s absurdities. And Cruz didn’t want any payroll taxes, either. The only thing GOP has going for it is that Americans don’t like paying taxes & always want tax cuts paid for by “business” and “the rich”.
We have already crossed the point of no return.
All the fiscal conservatives have been hung.
The American people love the free money and will not give it up.
Actually, the reports are that Bush I opposed the 2003 invasion of Iraq and tried to talk “W” out of it. But “W” was (is) a simpleton who was unfree the spell of Cheney and his fellow interventionists.
We exist for all it matters. It no longer matters if we the people want less spending, both parties are drunk on spending. My brother told me it was great Trump spent so much because he was going to kill the FED and we would owe nothing. As expected, that did not happen.
Bush 1 set up the scenario that resulted in the no-fly zone and embargo of the 90s.
I give Bush 1 no breaks. He is the father of the US military being the world’s policeman.
Learn about growth before calling Trump an idiot, idiot.
“Trumps idiotic reckless spending”
Is reciting this favorite meme of yours why you decided to join FR six months ago?
Hey, you didn’t answer whether you supported Bush-Cheney’s invasion of Iraq?
I’m just trying to find out whether you really are a “fiscal conservative”, or whether , like so many Republicans, you have no problem running up the deficit and national debt on military interventions around the world.
I seem to remember Several times Trump tried to reign in spending, and either negotiated it for something else(which the R’s never gave him) or the overrided his veto.
Rand Paul is the only elected politician in America who actually seeks to shrink the power and influence of the federal government in the US.
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