Friday, January 9, 2009

GOP and the Budget Deficit

I read some of the controversy regarding the huge Obama "stimulus" proposal (which scares me). The Republicans are worried about the budget deficit NOW?

"You know, Paul, Reagan proved deficits don't matter" - Dick Cheney, 2002, to soon-to-be fired Treasury Secretary Paul O'Neill who tried to warn the Bush Administration about looming budget deficits.

The reason that the GOP has lost its luster is not due to its stance on social issues. In my opinion, they haven't really taken a broad enough stance on social issues, but the reality is they can only do so much about them anyway. Economic issues and small government, on the other hand, is an area where they could have made an impact but chose not to. Even during the 6 years they controlled the executive branch and had majorities in the House and Senate (though not fillibuster-proof majorities) they did not do the things they told us they would: cut spending, reduce the size of government, and reduce the involvement of government in our lives. Let's not lose sight of the fact that the Bush administration initiated the first $700 billion bailout of the financial industry - an investment that now no one can account for.

Who can small government, fiscal conseratives vote for now? Where are our choices?

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