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Re: economically conservative, socially liberal

By: Cactus Flower in ALEA | Recommend this post (0)
Thu, 15 Oct 15 6:48 AM | 188 view(s)
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Msg. 17403 of 54959
(This msg. is a reply to 17402 by tkc)

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Are you talking about a person or their politics?

From an economic viewpoint, it's often nice when folks spend rather than save. It's a paradox of thrift thing.

The rules for governments aren't always quite the same as those for households.


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The above is a reply to the following message:
Re: economically conservative, socially liberal
By: tkc
in ALEA
Thu, 15 Oct 15 5:22 AM
Msg. 17402 of 54959

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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