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Skip to comments.HOW CONSERVATIVE IS PRESIDENT BUSH?
Posted on 08/04/2002 8:30:36 PM PDT by Uncle Bill
How Conservative Is President Bush?
The Cato Institute
By Veronique de Rugy
August 3, 2002
Veronique de Rugy is a fiscal policy analyst at the Cato Institute.
President Bush may be repeating the sins of his father. Although elected on a Reaganesque, tax-cutting platform, the White House has veered to the left. President Bush has signed a bill to regulate political speech, issued protectionist taxes on imported steel and lumber, backed big-spending education and farm bills, and endorsed massive new entitlements for mental health care and prescription drugs. When the numbers are added up, in fact, it looks like President Bush is less conservative than President Clinton.
It makes little sense to discourage one's core supporters prior to a mid-term election. Yet that is the result when a Republican president expands government, which Bush is doing. Also, academic research on voting patterns shows that a president is most likely to get re-elected if voters are enjoying an increase in disposable income. Yet making government bigger is not a recipe for economic growth. After all, there is a reason why Hong Kong grows so fast and France is an economic basket case. But you can't tell that to the Bush administration.
Administration officials privately admit that much of the legislation moving through Congress represents bad public policy. Yet they argue either that everything must take a back seat to the war on terror (much as the first Bush administration treated the war against Iraq) or that compromises are necessary to neutralize issues such as education. But motives and rationalizations do not repeal the laws of economics.
In less than two years, President Bush has presided over more government expansion than took place during eight years of Bill Clinton. For instance:
Those policy decisions make government bigger and more expensive. They also slow the economy and hurt financial markets -- read the headlines lately? For all his flaws, President Clinton's major policy mistake was the 1993 tax increase. Other changes, such as the welfare reform bill, NAFTA, GATT, farm deregulation, telecommunications deregulation, and financial services deregulation, moved policy in a market-oriented direction.
Perhaps most importantly, there was a substantial reduction in federal spending as a share of gross domestic product during the Clinton years. Using the growth of domestic spending as a benchmark, Clinton was the second most conservative president of the post-World War II era, trailing only Ronald Reagan.
To be sure, much of the credit for Clinton's good policy probably belongs to the Republican Congress, but that is not an excuse for bad policy today. And on one positive note, President Bush has "promised" to fight for partial privatization of Social Security. Yet, so far, President Bush has not vetoed a single piece of legislation. Needless to say, this means it will be rather difficult to blame "big-spending" Democrats if the economy continues to sputter.
Compassionate Conservatism Means Big Government
No To 'Compassionate Conservatism'
"Marvin Olasky, the former Marxist journalism professor who coined the term. But he and George W. Bush are barking up the wrong tree if they think "compassionate conservatism" is going to rally popular support necessary to effect the real change needed to turn this country around."
President Highlights Compassionate Conservative Agenda for Inner Cities
If You Want Increasing Huge Government, Vote Bush
BUSH SPENDING BILL LARGEST EVER
U.S. quietly OKs fetal stem cell work - Bush allows funding despite federal limits on embryo use
Bush Signs Largest Family Planning Bill In U.S. History
Un El día En El la vida de Jorge W. La arbusto
Bush's 'open door' slammed
"I told the Congress that I want to make sure that the Mexican citizen here is well-respected," Bush said. "And one way to do that is to pass 245I."
CFR - "I Believe In Free Speech"
Meanwhile, Back On The Farm
Bush Urges Congress To Deliver on Prescription Drugs For Medicare
GOP Medicare Prescription Drug Plan Advances in House - Another Trillion Dollars
Pig Book - 2002
Orgy At Federal Trough
Bush and House Republicans Push Legislation For Full Drug Subsidies For Low-Income Elderly
Bush Prepares 'Big-Time' Response To African Famine
Government Spending - War Against The Stock Market
Bush signs debt-limit increase
Bush Pushes Minority Homeownership
Bush's Food Stamp Plan Called Ethnic Pandering
Bush Wants Food Stamps For Non-Citizens
Worse Than Drunken Sailors!
Senate Clears Way For Trade Bill - More Spending
BUSH AND THE BIG GOVERNMENT GOP
Security Bill Loaded With Wasteful PORK
Senate Ok's $31.5 Billion Anti-Terror Bill Loaded With Pork
How Bad Can Things Get?
George W. Bush and Gun Control
Bush Pushes Gore Plan For Orwellian Government
Bush Backs Down From Immunity Demand - Caves Again
Bush administration has been "as bad, if not worse" than the Clinton administration when it comes to the transfer of sensitive technologies to the People's Republic of China
BUSH, G7 to pay $20 billion to get rid of Russian nuke stockpiles
George W. Bush - The Global Warming Sell-Out
Dubya's New Deal - The New FDR
Bush Won't Label Arafat A Terrorist
George W. Bush's Terrorist Buddy
"When peoplelose faith in their institutions they trust to enforce the law, justice is no longer possible."
Bush Caves On Airport Screeners
Bush's Latest Srategic Mistake
BUSH: NINE FORMER PRESIDENTS WRONG; CLINTON RIGHT!
CRISIS? WHAT CRISIS? GEORGE BUSH'S NEVER-ENDING DOMESTIC BUDGET BUILD-UP - Father Like Son
Bush Appoints Four More Homosexuals
Dr. James Dobson Criticizes Bush Appointment to the CDC
Bush Pushes $500 Million HIV/Aids Funding For Africa
Bush to Propose Another $100 Million Over Five Years for Education in Africa
Are You Fat? No Problem, George W. Bush Will Help
House Conservatives Budge on Arts Spending
Bush Cheers Government Support For Art
Bush to Name Justice Dept. BUILDING After Kennedy
GOP Right In Iowa Fear Purge
GOP Leaders Spurn Right in Key Races
Laura Ingraham's analysis of yet another Bush betrayal
Bush decisions rankle conservatives
BUSH PROPOSES LARGEST EXPANSION OF GOVERNMENT SINCE TRUMAN
Bush's Record Calls into Question His Conservative Label
Conservatives Question Dubya's Direction
Conservatives not satisfied with Bush's record
Bush, Ashcroft Run Roughshod Over Bill Of Rights, Study Says
Republicans: Big Government Addicts
A Few Questions For Die-Hard Bush Supporters
Are Republicans losing their constituency?
Ann Coulter: BUSH PAYS HOMAGE TO THE FETISHISTIC RITUALS OF LIBERALISM
Compassionate conservatism is about socialism, not Americanism
Bush is jettisoning his principles for what?
Bush: stop the runaway federal spending and regulating!
Mark Levin Hammers Bushbots
Was Clinton More Conservative Than Bush? - Fox News
Bush: A Democrat in Republican clothing?
Bush continues Clinton Agenda
GEORGE W. BUSH: CLINTON'S THIRD TERM ©
Bush's Court Jester
"Another way to make sure that we foster growth and restore confidence is to hold people accountable for misdeeds in the public sector."
George W. Bush - University of Alabama at Birmingham Alys Stephens Center - July 15, 2002.
NOTE: Do As I Say, Not As I Do.
A Bush administration insider has privately leaked word that a deal was struck between Democratic congressional leaders and the Bush White House not to prosecute Bill and/or Hillary Clinton
Bush Administration Lawyers Defending Hillary - Gratis
Bush and Ashcroft Justice Dept. Hamstringing Pardongate Probers.
Bill Clinton broke the law and the Republicans let him off the hook.
What we need is the tough Newt Gingrich back.
"As far back as April 7, 1998, then-House Speaker Newt Gingrich was asked on NBCs Today if he were going to press for impeachment. His response: "No, we dont have any evidence."
Al Gore Broke The Law and the Republicans let him off the hook.
"I dont care if you have proof that he raped a woman, stood up and shot her dead, youre still not going to get 67 votes."
Bush Says He Wants to Let Clinton 'Move On'
"Listen, here's my view: I think it's time to get all of this business behind us. I think it's time ... to allow the president to finish his term, and let him move on and enjoy life and become an active participant in the American system. And I think we've had enough focus on the past. It's time to move forward." - George W. Bush.
Bush Won't Dwell On Clinton Affair, "We're Moving Forward"
"B/S, Mr Bush. Clinton is a criminal and a traitor. We demand a thorough investigation and prosecution. Our Republic is dead and our liberty is at stake if the next administration does not clean up this mess for now and forever more. Corrupt politicians must pay the price for subverting our Constitution and using their offices for personal gain."
4 Posted on 01/20/2000 14:17:56 PST by Jim Robinson
A Republic If We Can Keep It - Bush Trashing The Constitution
It's About The Republic, Not The Republican
How Big Is The Government's Debt? - $33.1 TRILLION
There Must Be Some Way Out Of Here
"Not over my dead body will they raise your taxes,"
George W. Bush - SOURCE.
LOL... yep but doesn't have willie's special flavoring to it.....
In what way?
I was afraid there would be no flies to swat tonight. They will be swarming over this steaming pile shortly.
To be replaced by....?
Nice try but no cigar. Try harder.
Uh-oh. You were saying? See below.
On a conservative scale of 1-10 with Bill Clinton being a 2, Ronald Reagan an 8, and Ron Paul a 10, Bush is a 3.5.
U.S. to Give $1.5B Loan to Uruguay
Sun Aug 4, 1:27 PM ET
By MARTIN CRUTSINGER, AP Economics Writer
WASHINGTON (AP) - The Bush administration will provide an emergency $1.5 billion loan to Uruguay to help the country deal with an economic crisis that forced its banks to close last week, officials said Sunday.
The U.S assistance will come in the form of a loan to be repaid in a matter of days once the South American nation receives a new loan package from the International Monetary Fund ( news - web sites), said the officials, speaking on condition of anonymity.
It will be the first time the administration has agreed to provide direct support to a country in economic trouble.
The immediate support was judged critical to ease what has become an escalating financial crisis in South America. It began in Argentina in December and since has spread to Uruguay and Brazil, the region's largest economy.
Treasury Secretary Paul O'Neill left Sunday for Brazil, and later will visit Uruguay and Argentina.
The administration took office pledging to oppose the type of direct financial assistance and big bailouts the Clinton administration used during the 1997-98 Asian currency crisis. But the deepening economic woes in Latin America have forced the Bush administration to reconsider that stance.
A $1.5 billion loan for Uruguay was seen as essential to allow the country to reopen its banks Monday. They shut down last Tuesday as authorities sought to deal with a run on deposits. The closings sparked violent street protests.
Uruguay's Senate on Sunday approved a request by the economy minister to restrict withdrawals of deposits linked to the U.S. dollar for three years; the money would draw interest. The lower House was expected to meet later Sunday to consider final passage of the legislation.
The minister, Alejandro Atchugarry, said the proposal was the "only solution" to the crisis. It was expected that the IMF would grant approval for new assistance after the plan was approved.
The IMF this year granted Uruguay a $3 billion credit line, saying the money would help the country withstand the economic fallout from the troubles in neighboring Argentina.
The new $1.5 billion loan package was expected to include an extra $800 million in support and an acceleration in the disbursement of some of money already approved.
U.S. officials insisted that the loan was not a return to the bailouts of the Clinton years. They included support during the Asian crisis and billions of dollars in direct loans to Mexico in 1995 to help that country recover after it was forced to devalue its currency the year before.
The Bush administration has softened its hard line in recent days against large IMF aid packages, given the troubles in Latin America.
The IMF is in negotiations with Brazil over an increase in its credit line, which now totals $15 billion. Published reports have said that amount could be boosted by $10 billion to $20 billion in an effort to calm increasing worries about Brazil's ability to meet payments on its $264 billion foreign debt.
O'Neill said last week that the administration supported more assistance to Brazil and Uruguay because those countries were following the appropriate policies to deal with their economic troubles. He did include Argentina in that list.
O'Neill said authorities there needed to go further with economic reforms before the United States, the IMF's largest contributor, would feel comfortable in endorsing new IMF loans for Argentina.
GP, here's one.
Ding. Ding. Ding. We have a winner. Terry McAullife could have written this article. How dumb do they think we are?
Did not Reagan have the Senate from 1980 - 1986? True he never had the House.
LOL! He's a wild man- but a treasure.
(Though this article isn't worthy of his effort IMHO)
Sort of like the "Axis of Evil"? He wanted to cut government but spent more than any previous president. He had the Senate behind him for 6 years. What did he do with it?
I have disagreed with Bush numbers of times, but I get really tired of these hit pieces. You know the articles always put under breaking news in all caps. Shouldn't breaking news be reserved for news that is breaking from Fox News, Washington Times, ect.
Give me a break.
What? How on earth someone with a voting record in the 70's from the ACU be given a ten?
Uncle Bill was posting evidence of Clinton corruption while you were defending him against impeachment. Just start another of your campaigns and get him banned the way you did Registered. Call Gramps in here and you two get to work. You'll have another old time FReeper banned and you can congratulate each other.
Liberals. Ya'll make me sick.