So why isn't our President

[detbuch]

Jim in CT: Spence, can you please tell me what evidence there is, that liberal economics are a good idea?

Originally Posted by spence

Well, looking at the past century of tax increases, debt increases, regulation increases and bloated government...and despite all our current problems...we've still managed to build the most prosperous and successful nation in the history of the modern world.

Can't be all bad.

-spence

You've failed to actually make the connection between "liberal economics" and building "the most prosperous and successful nation in the history of the modern world." If by "liberal economics" we mean Progressive and Keynsian, it could well be said that our strong, conservative foundation has been able to withstand (less and less)the intrusion of liberal economics (tax and spend massively in excess of revenue). And that we built that "most prosperous and successful nation" before, not "despite," our current problems, and that the liberal economic intrusion in the form of "tax increases, debt increases, regulation increases and bloated government" have begun to finally strangle that success. If you track the growth of the National Debt, it really began to grow almost continually and in large quantity with the ascendence of progressive politics. It started out around $75 million with the debt accrued due the Revolutionary War, and was lowered with bumps up and down due to spending on Constitutionally sanctioned Federal actions until somewhere in 1835 it had shrunk to less than $34 thousand. After the costly Civil War and the beginning of progressive political views it started on a gradual then sharp uptick. And by progressive I don't mean Democrat. Both parties have been acting "progressively." Certainly Teddy Roosevelt and Herbert Hoover were progressives. FDR simply jumped the shark and created progressivism on steroids, which Obama wants to emulate and surpass.