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New page: '''Fiscal conservatism''' is a strain of conservatism concerned with economic rather than social issues. Specifically it is characterized by the belief that government mus...
'''Fiscal conservatism''' is a strain of [[Conservative|conservatism]] concerned with economic rather than social issues. Specifically it is characterized by the belief that government must "live within its means".
Above all, fiscal conservatives are "[[Liberal|economic liberals]]" who oppose excessive [[government]] expenditures, deficits, and government debt. In other words, they believe that a government does not have the right to run up large debts and then throw the burden on the taxpayer; the taxpayers' right not to be taxed oppressively takes precedence even over paying back debts a government may have imprudently undertaken. Because of this, fiscal conservatives are the staunchest supporters of balanced budgets. This belief in balanced budgets tends to be coupled with a belief that [[taxation]] should be low in order to stimulate industrial development.
[[Category:Politics]]
[[Category:Economics]]
Above all, fiscal conservatives are "[[Liberal|economic liberals]]" who oppose excessive [[government]] expenditures, deficits, and government debt. In other words, they believe that a government does not have the right to run up large debts and then throw the burden on the taxpayer; the taxpayers' right not to be taxed oppressively takes precedence even over paying back debts a government may have imprudently undertaken. Because of this, fiscal conservatives are the staunchest supporters of balanced budgets. This belief in balanced budgets tends to be coupled with a belief that [[taxation]] should be low in order to stimulate industrial development.
[[Category:Politics]]
[[Category:Economics]]