Advertisement
Your Email:
Subject:
Message: Entry: What is Paleoconservatism? Link: http://www.takimag.com/blogs/article/what_is_paleoconservatism#27794 Post contents: Mr. R sed: "Ravia Batra?!? The author of the Great Depression of the 1990s? The fact that this guy still has a job is a scandal. That said, I think paleconservatives have always been a bit more “bit tent” as far as the free market/pro-worker industrial policy question. Even small government libertarians prioritize culture and the nation and its integrity above abstract concern for the economy, and their concern for free markets is as much moral and cultural as it is concerned with economic efficiency." Well Pat Buchanan gave a thumbs up to this book. Even you would have a hard time to ignore the fact that the the Ronald Reagan Bubble (financed by deficit spending) was followed by the Bush1 Bust? Or the Clinton Internet Bubble was followed by the Bush1 Bust? YOu'd have to be even more pressed to forstall Batra's predicted "depression", the federal government had to resort to a series of so-called "anti-free market" policies, such as a huge growth in trade deficits,---and increased taxes---mostly through the regressive Social Security Payroll taxes. What's funny about self-proclaimed "conservatives" is that they seem to ignore the fact ththe Reagan Years were relatively pathetic economic growth, even when compared to the detested Carter years. But it's hard even for you to ignore the fact that the so-called "free market" conservaties have been boasting about in the last 20 years is really a ponzi scheme based on the willingness of the Asians and the Chinese to exchange computer gizmos and Walmart junk for American petro-dollars, which they lend back to the federal government to pay for the Iraq War, and charge us interest for their effort. Have we had economic growth, or just fiat money inflation? Ponzi schemes more like it. "free markets"? Bah, a lot of utopian nonsense. Sent at: 2008 12 03