Changes

'''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".

'''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 "[[Libertarian|economic libertarian]]" 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 [[budget]]s. This belief in balanced budgets tends to be coupled with a belief that [[taxation]] should be low in order to stimulate industrial development.

Above all, fiscal conservatives are "[[Libertarian|economic libertarians]]" 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 [[budget]]s. This belief in balanced budgets tends to be coupled with a belief that [[taxation]] should be low in order to stimulate industrial development.

[[Category:Conservatism]]

[[Category:Conservatism]]

[[Category:Economics]]

[[Category:Economics]]