re: #854 Northern Bandit

Fiscal conservatism emerges of necessity. Four more years of Carter would have steered the US (and therefor much of the world) into ruin.

I’m Canadian. I’ve seen first-hand how these policies play out “in the lab”. In the early 1990s the province of Ontario elected a left-wing premier very similar to Obama. Within his four year mandate he managed to reduce Ontario from an AAA bond rating to a diminished A (they don’t rate states or quasi states below A). In other words he single-handedly collapsed the economy. Almost 30 years later Ontario is starting to recover.

Here’s the lesson:

1. Building a viable economy takes decades.

2. An elected socialist can undo 20 years of progress in 6 weeks

Just to update your info, Obama did it in just over 4 weeks.