The Party Finds You- I

The Party Finds You- I got this email this morning:

Ridiculous .. how you belittle the Dems on economy, when clearly they handled it so much better under Clinton.

If you consider "aloft in an irrationally-exuberant bubble" to be "much better", yes, I'll completely grant you that.

Especially when that bubble was largely financed by changes in accounting rules (especially as re Stock Options) that took place during the Clinton Administration, and which are now seen to be largely responsible for much of the corporate accounting and CEO Salary scandals - the ones the Dems tried to fob off on Bush (unsuccessfully).

Onward:

Liberal governments have proven they can handle economy as well as, in some cases better, than the so called "party of fiscal responsibility".

Indeed? I'd like someone to show me that liberal government and that well-handled economy. Sweden? Japan? France? Germany?

The correspondent goes on to supply an answer.

The British increased their income tax last year by public DEMAND ot help pay for their free health service,

...and we'll see how much they'll be demanding when they find that the increase really didn't fix anything in the long term - but I digress...

and their economy is still on an unprecedented high, kicking the trend elsewhere. That's a Labor, left-wing, government,

...that happens to be a "third way", Clintonesque, semi-moderate Labour party government - not at all your father's Labour Party.

They are the least socialistic government in Europe. The fact that they're resisting the creeping EU bureau-socialist tide probably has as much to do with their relative health as anything.

none of your pansy middle of the road Mondales or US Dems (who are frankly undisguised conservatives).

Hm. The party of abortion on demand, gun control, creeping-single-payer-ism, massive intervention in the housing and transportation markets, the party of the untrammelled welfare state...

...I'd say they're pretty darn well-disguised conservatives.

But thanks for the letter.

Posted by Mitch at November 13, 2002 12:13 PM