Wednesday, October 07, 2009

Fiscal Conservatism -- Who knew

I am indeed a Fiscal Conservative. I looked the term up earlier and found this over on Wiki.

Fiscal conservatism

Fiscal conservatism is the economic philosophy of prudence in government spending and debt. Edmund Burke, in his 'Reflections on the Revolution in France', articulated its principles:
...[I]t is to the property of the citizen, and not to the demands of the creditor of the state, that the first and original faith of civil society is pledged. The claim of the citizen is prior in time, paramount in title, superior in equity. The fortunes of individuals, whether possessed by acquisition or by descent or in virtue of a participation in the goods of some community, were no part of the creditor's security, expressed or implied...[T]he public, whether represented by a monarch or by a senate, can pledge nothing but the public estate; and it can have no public estate except in what it derives from a just and proportioned imposition upon the citizens at large.
In other words, a government does not have the right to run up large debts and then throw the burden on the taxpayer; the taxpayers' right not to be taxed oppressively takes precedence even over paying back debts a government may have imprudently undertaken.

Ponder it for a while,
JD
PS - Possibly there is already a 'Fiscal Conservative' political party in the United States, but it hasn't yet surfaced on my radar. We need a 'Fiscal Conservative' party that concentrates only on the $$ aspect of government and politics, ignoring all of the social aspects that seem to rule most elections; oft times eliminating otherwise excellent candidates.
I find 'fiscal conservative' thinking people among regular Democrats and Republicans all the time; the problem is that the parties are managed for the 'social aspects' for publicity rather than realistic fiscal principles.

1 comment:

BToS JD said...

I've decided that the Libertarian Party fits my requirements for Fiscal Conservatism better than either of the two major parties and that I will register as a member of the Libertarian Party.