The conservatives seem to like to rhetorically state they are more fiscally responsible than any other party in the country. They do NOT have a corner on fiscal responsibility. The Bush White House and their Republican majority Congress were grossly irresponsible. They provided the impetus that led to the greatest economic collapse of the USA since the Great Depression. That was two years ago. You mean to tell me the God they worshiped then and the one they worship now is different? No.
Fiscally responsible government is one that seeks to decrease the cost of governing at every turn while still providing services to the citizen. To believe that government does not fuel the economy is a gross misunderstanding of government. Government has needs and to that end it spends money that supplies jobs in the private sector. Government encourages private sector growth. It is a fact and people need to accept government as part of their life no different than they would tithe to their places of worship. Evangelicals understand that tithing 10% of their income is necessary for their churches to function, but, yet they can't seem to understand their government has the same dependency. Amazing.
Federal Reserve Subverts Fiscal Responsibility With Cash Creation Machines Fully Cranked (click title to entry - thank you)
Nov. 5 2010 - 12:26 am
...This is yet another reason we don’t expect the House Republicans to convert to the gospel of fiscal responsibility any more than they did last time they were in the majority: They can indulge in demon spending unto oblivion and the Fed will have their back.
“If this were Greece or Ireland,” Bill Bonner wrote yesterday before the announcement, “the government would be forced to cut back. With quantitative easing ready, there is no need to face the music. If bond buyers will not finance America’s trip to bankruptcy, the Fed will provide as much brand-spanking-new money as necessary.”...
