It is currently Mon Jun 18, 2018 3:05 am

All times are UTC - 4 hours [ DST ]

Post new topic This topic is locked, you cannot edit posts or make further replies.  [ 2 posts ] 
Author Message
 Post subject: the "which way is the right way" conservative part
PostPosted: Sun Jul 03, 2005 4:49 pm 
User avatar

Joined: Fri May 20, 2005 9:12 am
Posts: 1955
Location: upstate new york.
Conservatives at National Review endorse Clintonomics, sort of

It was only a matter of time before this happened. When Bill Clinton was president, his economic policies were condemned by conservatives as the worst ideas in the history of bad ideas.

When Clinton's 1993 budget was being considered — a budget that raised taxes on the wealthy and cut government spending — Republicans guaranteed that it was a recipe for disaster. Clinton's budget would increase the deficit, we were told. We'd suffer through a terrible recession, they promised. Unemployment would skyrocket, they predicted. Not a single Republican in the House or Senate voted for Clinton's budget; they were so certain his policies would fail.

Of course, none of the GOP's predictions actually happened. On the contrary, the economy grew during the Clinton years at an unprecedented rate. It was the longest and most robust economy on record. Unemployment dropped to record lows, the deficits disappeared and became the largest surpluses in American history. The stock market soared to record highs and U.S. experienced the strongest private-sector job growth since before WWII.

In other words, everything Republicans said about Clintonomics was wrong.

So here we are a few years later. Bush has brought a radically different economic policy to the federal government with a whole new set of predictions and promises. Unfortunately for everyone, the administration's guarantees of new jobs, robust growth, reduced debt, and low unemployment have been wrong again.

Yet conservatives continue to believe that tax cuts are the answer to every economic situation. Strong economy? We need tax cuts to keep the economy moving. Weak economy? Tax cuts will turn things around. Huge surplus? That means taxes are too high and we need to return money to the people. Huge deficits? Tax cuts will grow the economy, create jobs, and make the deficit disappear.

In his 1999 "autobiography," which is in quotes because he didn't write or read it, Bush said, "I do not support import fees." In announcing his presidential candidacy in June 1999, Bush said, "I'll work to end tariffs and break down barriers everywhere, entirely, so the whole world trades in freedom."

Despite these policies articulated before the election, Bush implemented sharp increases in tariffs — some as high as 30 percent — in March 2002.

All together now — more broken promises.

So to review, Clinton raised taxes on the wealthy, conservatives whined, and the economy soared. Bush cut taxes on the wealthy, conservatives cheered, and the economy tanked. Clinton supported free trade, cut tariffs, signed NAFTA, and conservatives hated him. Bush misled voters about his support for free trade, raised tariffs, and conservatives love him.


 Post subject:
PostPosted: Mon Jul 04, 2005 4:28 am 
User avatar

Joined: Mon Jan 24, 2005 9:11 am
Posts: 5620
Location: western New York
Ah, don't you love the myth that conservatives are fiscally responsible?

Conservatives actually are.......greedy!

Display posts from previous:  Sort by  
Post new topic This topic is locked, you cannot edit posts or make further replies.  [ 2 posts ] 

All times are UTC - 4 hours [ DST ]

Who is online

Users browsing this forum: No registered users and 3 guests

You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  
Blue Moon by Trent © 2007
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group