Pillars of Conservatism: Economics
- Posted by MacStansbury on September 26th, 2005 filed in John, Politics
Thinking about how we’ve got this Big Tent and whatnot in the current Republican Party, it seems that conservatives are starting too lose focus on just what we are for. Since Bush got into office, the conservative message has been buried under a constant din of the opposition’s calls for everything but progress. It’s time to remind our own selves what we believe. In that light, I’m going to present some of the pillars of the conservative movement.
Until I start to see this getting articulated elsewhere, I’m going to continue to bring up the subject of conservative values. It’s important to keep reminding ourselves what we believe, because the modern Republican Party is a diverse bunch of free-thinkers who don’t mindlessly follow their leader. This is both a blessing and a curse, as sometimes that very free-thought is used by the opposition to attack.
Now, far be it from me to explain how the polices of conservatism work, since I’m from the South, thus a dumb hick. In fact, other than mad Google skelz (skills, old people), I’m pretty much as average a person as you’re gonna find. But, since I have the ability to read and comprehend, I think I’ll be able to at least show you the people who do know what they’re talking about. And remember, this is far from the definitive work on the subject. Rather, this is just something to make all the smart people in the audience start to write and talk about crap that actually works instead of kooky protesters all the crapping time.
Now, I figure there’s no better place to start off this series than with economics. As a youth in the 80s, I was a first-hand beneficiary of Reaganomics. Too young to understand that this was not a common practice, I figured that everybody would want smaller government and lower taxes. And even today, I still don’t understand people who want to take more money from people. That said, I can understand the motivations of people who want to raise taxes, and punish the rich.
But let’s not get caught in that very trap that I was leading us into, huh? The first thing you were mentally preparing yourself was a defense of your beliefs, wasn’t it? It’s so common, nowadays, to get off-track from communicating the message of how tax reform and letting people keep more of what they make is better for America, and the world. Never let it be said that America is the only one who benefits when she becomes a richer nation.
George W. Bush said this as part of his 2004 election campaign:
“The role of government is not to control or dominate the lives of our citizens. The role of government is to help our citizens gain the time and the tools to make their own choices and improve their own lives. That’s why I will continue to work to usher in a new era of ownership and opportunity in America.”
What I would really love to see is that put into effect. There were many campaign promises made that fall right into the Reaganomic playbook; decrease government spending, reduce the tax rates, reduce regulation, and encourage growth to stymie inflation. These are not magic tricks, nor are they really new concepts. John F. Kennedy ran on a platform that included this fiscal policy. What I find amusing is just how similar the approach that JFK and W used in their campaigns, in regards to fiscal policies.
But this shouldn’t be a surprise. When the conservatives bolted from the Democratic Party in the 60s, they handed the keys over to the same people who’s mindset was that your money was theirs to spend. A policy that your money was yours was relatively novel, as late as 1983. But now it is one of the pillars of modern conservatism in American politics.
Now, here’s your assignment: I’m not a scholar, so I’m asking for your help. There are people much smarter than I, wasting their time covering Mother Sheehan, and refuting Katrina relief corruption story after story. How about instead of writing yet another story about these distractions from reality, try telling the world about how conservatism is creating something better?
During the 2004 Republican Convention, I felt a great sense of pride when Arnold Schwarzenegger told us about how he wanted to be a Republican because he heard Richard Nixon talk about those very qualities. Not just taxes, but all the other things that make conservatism work. My challenge to you is to start reminding America just what we can do, instead of what we didn’t; I’m tired of chasing rabbits.
Other Pillars:
Defense


























NIF says:
The Adventures of the Cosmic Mighty Force
Today’s dose of NIF - News, Interesting & Funny … Kerry-180 time!
Anna says:
Following your lead and trying to define Conservatism. Thank you for making me think about what it really means to be conservative.
Anna
Conservative Qualities
Larry says:
The best place to start to see how the economy works is by reading Principles of Economics
Subject: Overview of the Austrian School, Microeconomics, History of Thought AUTHOR: Menger, Carl and then immersing yourself in the Austrian School of Economics. Carl Menger, Ludwig von Mises, and Murray Rothbard have written the quintessential treatise on how the economy works; not how the economy should work. Their work is based on a fundamental understanding of Human Action.
If I were to attempt to paraphrase their work, at best, I would do it badly. The essence of their work is contained in one very simple lesson as defined in Henry Hazlitt’s great work Economics In One Lesson. The lesson is that one must always consider the long-term unintended consequences of any policy as it relates to the unidentified parties before enacting any economic policy. All policies have long-term unintended consequences. That is the nature of the economy. Adjustments are made and consequences follow. Conservative (current) economics (or Reagonomics) operates on that underlying philosophy - let the market be the final arbitor of the allocation of resources via the profit mechanism.
MacStansbury says:
yeah, Larry, that’s what I’m talking about, as far as economic theory. however, my feeble brain won’t be able to comprehend the whole dealio. even with your summary, I see how you’re saying that the premise of a free, open market is essential for any of this stuff to work.
like I say, I was just starting the conversation. but it’s a conversation that more people need to focus on, since we’ve got the chance to gut some of the pork for the first time since…Kennedy? Truman? has there been a time like this in how long?
Larry says:
Mac - if you can assist me in assimilating technology stuff (html, etc.) [more parentheses] I can surely assist you in understanding Austrian Economics. After all, Economics is simple and you are intelligent. Technology is difficult and I am nearing senility.
MY Vast Right Wing Conspiracy » Blog Archive » Pillars of Conservatism: Defense says:
[...] Other Pillars: Economics [...]
Ted Seay says:
MacS: Read the Hazlitt book. Clear presentations of basic exonomic FALLACIES — that is, all the wrong crud that floats around like aged turds in a public pool — and bursting with common sense.
Then, I suggest either Hayek or Mises — a couple of wild and crazy Austrians who pretty much blew socialism out of the water starting in the 1920’s. As in, not only does this stupid shi’ite not work, this stupid shi’ite CAN’T work. Shame no one in political office was reading them back then…
Ted Seay says:
Whew…”exonomic”…how many levels of Freudian is that?
:wink:
Never mind, just buy Hazlitt.
gypsy says:
when it comes to fiscal policy, it has been hard for me to tell the diff between W’s admin and the dems…how sad is that?! ty for trying to kickstart a fresh discussion on this topic.