Quote:
|
Originally Posted by ratbastid
The conservative movement is committed to bankrupting America.
It's been talked about in many conservative publications. It's been mentioned many times by the Bush administration. It was first devised as a doctrine of the Reagan adminstration. It's referred to as "<a href="http://en.wikipedia.org/wiki/Starve_the_beast">Starving</a> the <a href="http://www.wordspy.com/words/starvethebeast.asp">Beast</a>".
The notion is that conservatives can use trade deficit and federal debt, and the resulting lack of federal funds, to force the termiation of social spending. Once they've run the American economy well and truly into the ground, they'll finally have the small, unobstrusive government they've always wanted. In this, as in every other conservative plan, the ends absolutely justify the means.
Bush's legacy will be a black hole where our economy used to be. This is NOT an accident on his part or a result of mismanagement. It is a deliberate political move designed to further the conservative agenda. |
If you intend to make the point that cutting taxes ruins the US economy, you might not want to mention Reagan in the same breath, since he was the architect of the greatest economic boom this country has had (at least up to his time in office).
Oh, and before you dredge up "deficit spending," I will let you know that I am ready to post the CBO figures that prove seven of his eight proposed budgets were balanced. Until Congress got to them.
If Congress had been able to limit increases (something ustwo explained in regard to the difference between limits and "cuts") to 5% annually, at least seven of his budgets would have been balanced.