Msg. 17402 of 54959 (This msg. is a reply to
17398 by
Cactus Flower)
Jump:
I agree w/ Clo. A fiscal conservative attempts to follow budgets, budgets that are founded on realilistic projections with cushions for unanticipated expenses or revenue shortcomes. A fiscal conservative uses debt responsibly when it's favorable to do so or for rare necessity. They save whenever they can, in fact they budget for savings. They watch expenses like a hawk and will reduce them whenever necessary or practical. If revenues become insufficient to support expenses and expenses can not be reduced they raise revenue through a 2nd PT job or raise taxes. We used to call it common sense.
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