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Freedom is slavery

By Daniel Shaviro

The Iowa contests have me watching CNN for a couple of nights, which I don't often do (unbearable fatuousness and vapidity, and that's not even counting the politicians).  But in watching discussion of the Republican race, I was struck (though I've noticed this for a while) about how "fiscal conservative" now means someone who favors huge budget deficits.  More specifically, a "fiscal conservative" favors huge and unending tax cuts while having no obligation whatsoever to address the outlay side other than through very vague and general rhetoric.   Thus requiring huge and ever-growing deficits as a matter of simple arithmetic.

Full post as published by Start Making Sense on January 04, 2008 (boomark / email).