Good point. The policies of spending and taxing business slow growth and mount debt.
I wish there was a party that supported a fiscally conservative and socially liberal approach.
I find Bush and Obama to both be inadequate.
There is, it's called the Libertarian party. Libertarian liberal principles is what the US was founded on.
Practically speaking though, no ideology has
the solutions as fundamentalism to ideologies is
the problem. Too many times is the case that people try to promote some strict adherence to some theoretical, ideological blueprint instead of what is plain and obvious pragmatism and practicality.
Some degree of all of these ideals are necessary for a country founded on principles our was founded on in order to function at it's best.
Where I'm going with this is, circumstances like "spending", "debt" or "borrowing", etc. are demagogued evil for political purposes as if the concepts are inherently bad.
They're not. No more than it is the case in the personal economies of our household budgets.
Now what you borrow to invest in is critical and that's where the politics comes in.
For example, at the end of it we will have borrowed and spent almost as much in Iraq (in less time) than the most liberal estimations for health care reform. What reasonable American would have supported borrowing and spending that much money to preemptively overthrow a country's government and rebuild that country?
But why wasn't the focus on those costs like some seem so obsessed with over health care reform? Most likely because like in many situations, the perceived necessity of some expenditure outshines the cost of it.
So in reality it's not really about cost or spending but about the perceived necessity for the expenditure...Just like in our household budgets.
Most people have no concept of what the US borrows, spends, etc. in relationship to our GDP...nor will the realities of them ever be noticed in their day to day lives. That doesn't mean we should ignore it but so called "fiscal conservatives" need to at least understand the practicality of the concepts they argue for or against.