fiscal responsibility

So 2010 is all about jobs, fiscal responsibility and the deficit but not immigration reform?

And people think am a cynic when I say Democrats are not going to do anything that will shake the "all enforcement, all the time" nativist framing of Comprehensive Immigration Reform. From Coming Up In 2010: All About The Deficit | TPMDC:

Top aides on both ends of Pennsylvania Avenue say 2010 will be the year of fiscal responsibility, even if President Obama has to battle with progressive Democrats to make cuts they won't like.

"Next year the focus will be jobs and fiscal responsibility," House Majority Leader Steny Hoyer told TPMDC in a briefing with two reporters Thursday.

Hoyer (D-MD) said one reason Democrats are having a tough time one year before the Congressional midterm elections is that voters are concerned about the nation's fiscal health, and they also want to see the unemployment rate shrink.

You see what happened here? A Democrat swallowed whole an extreme-right talking point and ran with it.

Let's see how so-called Liberals and Progresives try to unframe that one.
 more this way»

liza's picture



Democratic Values: Fiscal Responsibility

One of the most enduring, and most false, myths of the Reagan era is the myth of the fiscally irresponsible Democrat. Republicans try to imply that Democrats waste money and raise taxes. This isn't true in general. Generally Democrats are the more fiscally responsible party because they are more careful in their spending and they are willing to tax where necessary, but only where necessary. In general, the prime example is this graph:

This shows that under REPUBLICAN PRESIDENTS (from Reagan on) America runs up huge debts while Democratic Presidents are more fiscally responsible. This gets at something I wrote back when Gerald Ford died: modern Republicans are NOT THE SAME as Eisenhower Republicans and are NOT traditional conservatives. I should note that the stock market also on average does slightly better under Democratic Presidents than Republican Presidents. Correlation or causation? Hard to prove, but the trends are clear.

But the New Hampshire Democratic Party is reminding us that on the state level, Democrats are fiscally responsible. From the New Hampshire Democratic Party:

[DEMOCRATIC] GOV. LYNCH PRESENTS BALANCED, RESPONSIBLE BUDGET
 more this way»

mole333's picture



Syndicate content

User login

The Publisher
Liza Sabater

Daily servings of political dissent
culturekitchen

Grassroots News and
Activism for New Yorkers

Daily Gotham

Feminist Bloggers
Network

BlogSheroes

A new kind of vouyerism
Voogling

Art + Code + Philosophy
Potatoland.blog

Got any dirt, tips, leads or money for us? Then drop us a line or two at editors [at] culturekitchen [dot] com or use our general contact form to reach everybody in the editorial team ASAP.

Nibble daily on our brainy goodness with our daily syndication digest. You'll receive an email with a list and links to the previous day's posts.



Powered by FeedBlitz

Upcoming events

  • No upcoming events available

QUOTES

2010 will mark the beginning of the end of US dominance of the web. I am not predicting the decline of the US Internet market, but rather its eclipse in size and overall influence by other centers of web economies. In essence, this is not an Internet prediction, but an economic one, as the web is simply a reflection of the world, and the world is clearly moving away from a US-dominated model.

— John Battelle

Poll