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“Nobody is a fiscal conservative anymore”

Discussion in 'North American Politics' started by fantome profane, Jul 18, 2019.

  1. fantome profane

    fantome profane Have you read the Mueller Report?
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    “Nobody is a fiscal conservative anymore. All this talk about concern for the deficit and the budget has been bogus for as long as it’s been around.” - RUSH LIMBAUGH

    After bashing Obama for deficits for years, Rush Limbaugh now says budget deficits never mattered

    Is this true? Do you agree with Rush? Are you shocked that Rush admitted this? Is fiscal responsibility now an idea of the left?

    The context of this statement is a caller on Limbaugh’s show suggested that right now the Republicans could nominate a young fiscal conservative who could win easily and go on for two terms. And Rush’s response is that nobody is a fiscal conservative. They would rather have a racist rapist misogynist xenophobe as the Republican leader than an actual conservative.
     
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  2. Sunstone

    Sunstone De Diablo Del Fora
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    Rush is right. Support for Trump has been demonstrated by multiple scientific studies to be most largely motivated by racism. I used to think there were other reasons, but the science is pretty much settled now, and to my surprise, it's racism that motivates most Trump supporters.

    No one is supporting Trump in the hope he will be a fiscal conservative.
     
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  3. Quetzal

    Quetzal A little to the left and slightly out of focus.
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    Look no further than the rally in NC yesterday. In my mind, it is undeniable. If you continue to support Trump and the things he stands for, you support racist ideas.

    Trump Attacks Congresswomen At N.C. Rally, As Crowd Chants 'Send Her Back'
     
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  4. Stevicus

    Stevicus Well-Known Member
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    Rush Limbaugh is a disc jockey - an entertainer. I'm not particularly shocked by this admission, since conservative economists have spoken similarly about the deficits of past Republican administrations.

    I recall conservatives used to say the same thing back when Reagan and Bush were running up huge deficits. "Deficits don't matter."

    Reagan used to lambaste "tax and spend liberals" all the time, but then he became a "borrow and spend" conservative. They're not really conservatives because they don't really "conserve" anything.

    As for whether it's true that "deficits don't matter," my impression is that opinions are mixed. I found an interesting article on the subject, where it is suggested that governments could run up huge debts indefinitely and not ever have to worry about paying it back. It can always borrow from itself - or print more money as a last resort (although that could also have risks).

    Bloomberg - Are you a robot?

     
  5. Sunstone

    Sunstone De Diablo Del Fora
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    What is your opinion of hyper-inflation?
     
  6. Subduction Zone

    Subduction Zone Veteran Member

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    I will say that Rush is right in there being no real fiscal conservatives out there. The Republicans abandoned that years ago. Many of their policies are pound foolish and penny wise. Saving money in the short term, but will cost us much more on a long term basis.
     
  7. Stevicus

    Stevicus Well-Known Member
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    My understanding is that it could have a very deleterious effect on the economy. We certainly don't want a situation where people have to bring wheelbarrows full of money to the market just to buy a loaf of bread.
     
  8. BSM1

    BSM1 Who's a good boy?

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    I couldn't find where Rush said deficits don't matter in the article.
     
  9. Revoltingest

    Revoltingest Greased up & ready for action!
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    No.
     
  10. Revoltingest

    Revoltingest Greased up & ready for action!
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    I'll wager that's a mistaken inference, ie, that he approves of deficit spending.
    It could be he's jsaying that all mainstream politicians are tax & spenders.
    Real fiscal conservatism is the province of loopy uncaring backward unpopular
    unwashed extremists, eg, libertarians.
     
  11. Shaul

    Shaul Well-Known Member

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    No President, ever, has had a deficit. All spending and deficits are the responsibility of Congress alone and the House of Representatives in particular. Reference Article I Section VII of the Constitution, “All bills for raising revenue shall originate in the House of Representatives; but the Senate may propose or concur with amendments as on other Bills.”
     
  12. sun rise

    sun rise "Let there be peace and love among all"
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    The right is all about borrow and spend. Democrats cut the deficit every time they're in power. We even had a budget surplus during a Democratic presidency in recent times.

    So to me the left are much more fiscally conservative than the right.
     
  13. Quetzal

    Quetzal A little to the left and slightly out of focus.
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    If that is the case, I can file all the whining about Obama's spending under 'Trash, etc.'
     
  14. Shaul

    Shaul Well-Known Member

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    No, you should file it under which Party controlled Congress at the time is responsible for it.
     
  15. Quetzal

    Quetzal A little to the left and slightly out of focus.
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    My point is that for the 8 years prior to Trump, the right shrilled at the top of their lungs about anything Obama did (including the deficit). I am glad that he can not be exonerated from such accusations!
     
  16. crossfire

    crossfire Antinomian feminist heretic freak ☿
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    More deficit spending means more treasury bonds available.
     
  17. Shaul

    Shaul Well-Known Member

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    [​IMG]
    As can be seen above between 1981 and 2010 when Republicans controlled Congress only two increases in the National Debt Ceiling occurred with a combined increase of $1.5 Trillion. When the Democrats controlled Congress they increased the National Debt Ceiling seven times with a combined increase of $7.5 Trillion. Which does not include the $1 Trillion increase of years 1981-1986 when Democrats controlled the House of Representatives which initiates National Debt Ceiling bills.
     
  18. Quetzal

    Quetzal A little to the left and slightly out of focus.
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    Wars are expensive.
     
  19. Shaul

    Shaul Well-Known Member

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    He can be exonerated as President, he still bears responsibility because he was also the leader of his Party. And it was his Party, the Democrats, that controlled the House of Representatives during the first two years of his tenure. And it was during those first two years when the greatest deficits occurred. They fell once the Republicans gained control of the House.

    So Obama can be blamed for deficits. Not because he was President but because he was the titular head of his Party which controlled the House.
     
  20. Quetzal

    Quetzal A little to the left and slightly out of focus.
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    Yeah, that's what I thought. When you put the shoe on the other foot you fold immediately, predictable.

    It's funny because the hypocrisy is so blatant.
     
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