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To: presidio9
"Who do ya trust? Me? I'm giving away 20 mill! And where is the Batman?" -- The Joker (Jack Nicholson), Batman

This may be the way to play Presidential politics in the short run, but Republicans are going to regret it long term.

5 posted on 10/29/2003 7:09:22 AM PST by Mr. Jeeves
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To: Mr. Jeeves
Excellent quote.
10 posted on 10/29/2003 8:28:17 AM PST by Texas Federalist
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To: Mr. Jeeves
This may be the way to play Presidential politics in the short run, but Republicans are going to regret it long term.
The Democrats' conceit is that government can "solve problems" without limit. That is inherently dangerous, and led to the stagflationary '70s.

Once the price of legitimacy is raised above the market-clearing price, you get an off-the-books economy or none at all. At that point there is only one responsible policy, and that is cutting tax rates. A doubling of tax revenues followed the Kemp-Roth tax rate cut of the 1980s, and that is as much proof as life is likely to offer that tax rates had previously been above the point of diminishing negative returns.

So long as the evidence suggests that our tax rates are little if any below the point of negative returns, opposition to tax rate increases is good policy in both the short and the long run. Conservatives are what they are because of a (stated or unstated) concern for "our posterity," as the Constitution puts it. They are therefore never likely to become truly irresponsible in the way that Democrats naturally tend to do.

The idea that all problems have a solution, and that solution is government spending and regulation, is inherently irresponsible because it tends to seperate responsibility from authority.


11 posted on 10/29/2003 8:45:07 AM PST by conservatism_IS_compassion (The everyday blessings of God are great--they just don't make "good copy.")
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