At least that’s what conservative Bruce Bartlett would have you believe. Bartlett worked for Jack Kemp, Ronald Reagan, and George H.W. Bush. He has been a fellow at the conservative Cato Institute and at the Heritage Foundation.
The Republican Party continues to push for tax cuts, even though the Bush tax cuts led to only mediocre economic growth and huge deficits. Despite what conservatives will tell you, the Congressional Budget Office numbers show that Bush’s policies are far more responsible for a greater portion of the projected deficits than the policies of President Obama.
Bartlett points out that the lack of controls and wayward spending advocated by Republicans during the Bush administration and now, and the refusal to go along with cuts proposed by the Obama administration, do not compute with the idea of fiscal responsibility, once the cornerstone of conservatism.
â€œSo much of what passes for conservatism today is just pure partisan opposition,â€ Mr. Bartlett says. â€œItâ€™s not conservative at all.â€
Bruce Bartlett is a columnist for Forbes.com, the online side of Forbes. He served was executive director of the Joint Economic Committee of Congress, Deputy Assistant Secretary for economic policy at the U.S. Treasury Department during the George H.W. Bush Administration, and as a senior policy analyst in the White House for Ronald Reagan. He is the author of many books, including, The New American Economy: The Failure of Reaganomics and a New Way Forward, will be released Oct. 13.
Sources: New York Times, Wall Street Journal, Cato Institute