Tuesday, November 09, 2004

Bush and Fiscal Conservatism? Could Anyone Handle That?

You know you have things bad when Butler University Economics Profs start taking you behind the woodshed. Bush should renew belief in smaller government

The most relevant part tells us:

Bush could of course surprise and cut spending significantly, but that seems as unlikely as tax increases. As the libertarian Cato Institute has shown, the Bush administration has raised discretionary spending by more than any administration in recent memory. Of course, some of the new spending is due to homeland security and the war in Iraq. But in fact, every area of discretionary spending has risen. The number of pork projects that Congress has funded, and Bush has approved, has grown annually.

Bush seems well on his way towards becoming a new Nixon. The Democrats never had it so good as when they had good ol' Dick doing their work for them. For four years we've seen Bush engage in Keynesian economics up the yin-yang. Hell, he's even dabbled in some old fashioned Smoot-Hawley style protectionism from time to time. Fiscal conservatives must find themselves yearning for the days of Bill Clinton, the last free trade, free market president this country might ever have.

4 comments:

Anonymous said...

Did I actually just hear you compliment Bill Clinton? The next thing you know, you'll be telling us you like Jazz!

PS, DC United Sucks!!

The Iconic Midwesterner said...

I've always said positive things about Clinton. I just refused to look at the man through rose colored glasses.

As for DC United, I mean 2004 MLS Cup Champion DC United, all I can say is It's Good To Be The King!

Anonymous said...

Well, of course it's good to be the king. But being the king of the MLS is kinda like being king of the frozen food section at the local 7-11. It's better than being a peasant of the frozen food section a the 7-11, but not by much.

The Iconic Midwesterner said...

It will be a whole lot better than being king of the Stanley Cup...oh that's right there wont be one this year.

Those who support other niche sports shouldn't cast stones.