Fiscal Conservative

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(Cartoon by Steve Greenberg; Hat tip to Crooks & Liars.)

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I know the entire point of political comics tends to be making straw men...but come on, Bush, a fiscal conservative? In name only. 'Spend, spend, spend, spend, SPEND' is not how a fiscal conservative thinks and that's exactly what he's done.

By Thomas M. (not verified) on 08 Aug 2008 #permalink

It's not enough to look at who's president, you need to look at who controls Congress as well. The best combination seems to be Republicans controlling at least one house of the legislative branch and Democrats controlling the executive. Clinton's would probably not have had the economic results that he did with Democrats controlling the legislature--instead, Republicans controlled the entire Congress and the result was successful welfare reform and a lot of deadlock leading to financial surpluses.

We'll see what happens when Obama wins the presidency while the Democrats control both houses of Congress.

BTW, when I said "the best combination seems to be ...," I base that on comparing NBER statistics on economic expansion vs. contraction to who is in control of the executive and legislative branches.