Tversky – You were a bit rude, but given the tone of this post, understandably so. I myself fell into that trap on an earlier posting. Here’s the un-rude stuff: Thanks for making me go back and brush up on economic policies. It’s always good to learn more. Here’s what it seems like to me though: Fiscal Conservatism and supply-side/deregulatory policies are not the same thing. It seems that most reasonable people would agree that controlling government spending is a good thing. Promoting a tax policy that gives cuts to the very rich, while cutting controls over how they go about gaining that money, all in hopes that somehow it will reach the lower/middle class seems to me to be an iffy proposition. The statistical trend since Reagan has been a STRONG consolidation of wealth amongst the very wealthy. Also the policies of both Reagan and Bush ran up the national debt, a luxury our next president will not have. The supply-side/deregulatory idea makes little logical sense (think about it. I mean REALLY think about it), and has proven to be a disaster. Fiscal Conservatism with a fair, sensible tax plan and strong regulations makes sense. This free-for-all supply-side/dergulation combination does not.
