Current Economic thought would suggest Conservatives are better at theory than Liberals, but can the same be said for their practice? George W. Bush, along with his Team, abandoned fiscal restraint for lower Taxes; Chaney claiming the Reagan Years proved Deficits don't matter. The Dollar erodes in crisis, Oil price continues to rise, and We have only a 'Rich get Richer' Recovery from the last slowdown. None of the above factors would likely exist, except for the Bush Tax Cuts. The Bush Team is also hypocritical, claiming their achieved Budget reductions utilizing a posit that all their Tax Cuts will be repealed, but knowing they will fight 'tooth and nail' to keep those Tax Cuts. They, meanwhile, continue to spend and spend!
http://www.nytimes.com/2005/04/25/international/Americas/25latin.html
Fiscal Growth in Latin Lands Fails to Fill Social Needs
By JUAN FORERO Published: April 25, 2005
Here We find the same Conservative incompetence in Government. Fiscal restraint stands as God below the Rio Grande. Economic growth has been spectacular in Latin America, listed as 5.5% across Latin America as a whole, but:
But Peru's president, Alejandro Toledo, remains the least popular leader in Latin America, and President Carlos Mesa in Bolivia has been battered by public protests. Vicente Fox's administration in Mexico is lacking popular support for its initiatives, and in Brazil many among the legions of poor believe they have been abandoned by President Luiz Inácio Lula da Silva, who embraced policies of fiscal restraint despite his leftist credentials.
Chavez gains in popular support as he introduces a Leftist agenda. Conservatives get ousted, or face increasing popular discontent. U.S. Citizens and Business have less need of Government spending, either to promote economic performance, or maintain a Subsistence Income. American Conservatives, though, refuse to stop spending Our and Our children's' money. Latinos are in dire duress, averaging 40% Poverty, but Conservatives will not be moved from their resistance to Social welfare programs. When will Conservatives learn that Greed cannot be the prime motivation? lgl
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