Quote:
Originally Posted by Regorium
Fiscal conservative is that you balance both sides of the ledger. If you want low taxes, you accompany that with low spending (like Al Duerr). If you want high spending, you accompany that with high taxes.
Modern conservatives just cut taxes without cutting spending. Modern Liberals raise spending without raising taxes. Both sides are total garbage.
|
I disagree. Fiscal conservatism is not one dimensional in that it only applies to the government ledger or financial position. Government fiscal policy exists not only to provide services to the populace, but also to create a competitive environment for businesses in a global sense. A high tax, high spend government is
never 'fiscally conservative' regardless of the position of government finances.
Real 'Fiscal conservatism' is running government finances in a sustainable manor while keeping taxes in check to create a constructive and stable environment for enterprise. We've only really seen some examples of this in in Canada, and neither Conservative nor Liberal governments own exclusive claim to such examples.