Republicans have placated the libertarian vote by implementing some of their fiscal policy. Primarily libertarians vote for republicans because they are scared of the left wing affinity to larger state intervention in the markets.(taxation, privatization, regulation..) The matters that were not dealt with in reality was to actually reduce the size of the government. Spending cuts.
The republicans had no problem cutting taxes at the expense of the debt and increased spending across the board. This is where libertarians should be jumping mad at the Bush administration. But what happened was libertarians were given a choice with regards to government expansion or private contracting.. guess which is more favourable to right wing libertarian outcomes?
Most serious intellectual discourse on the topic of what happened to the economy point directly at deregulatory practises in the finance industry. Libertarians have no problem with deregulation of the market in all aspects. The more deregulation the more free the market supposedly increasing liberty exponentially. Clearly the industry is against regulatory practices.. so guess who gets into the pockets of republicans in DC? Democrats are getting less financial support from big business that wants deregulatory policy, privatization policy, tax cuts etc.
So the true matter of the fact is it is libertarian policy is creating a bi partisan predisposition. Obama was actually acting against that predisposition to a large degree ideologically and to a small extent in actual policy. I say to a lesser degree in practice because the real appeal to corporate business policy is quite favourable to libertarian fiscal policy. In short Obama doesn’t go far enough in terms of state intervention then his support base wanted.
Just admit you have been duped by the same groups you are enabling. In all cases the libertarian policies that have been enacted have come back to bite the American people in the ass.
Clearly a privatised healthcare system is a full 1/3 more expensive then socialised system and corporate contracting is obviously extremely expensive. When for years the argument that private corporations did work more efficiently then government. We have clear facts that say otherwise.
Deregulation is a primary tenant of libertarianism. It is at the core of the global economic collapse, which was enabled by self regulation ideals founded in individualism. Wide spread use of unknown/ unregulated chemicals in the consumer market. Dick Cheney writing up the energy policy for America with all the big oil players signing it. I honestly think your joking or making intellectually dishonest arguments about oil industry regulations. The mms was a complete farce.. just like Cheney and the oil industry wanted. Deregulation has only led to corporate liberty.
Tax cuts have not paid for themselves and have only increased the deficit and are projected to increase the deficit. Tax cuts are obvious tenent of libertarianism. You have less money to spend on government so in order to have “balanced books” smaller government is the order.. Raising taxes is clearly so un-libertarian.
Please save your insulting character assassination regarding my supposed ignorance about libertarianism. Insisting that you know just how things would be if you could just get your perfect utopian free market anti state is a lie. You don’t know because there is no actual implementation of it in the last 100 years except Chile under Pinochet.
Augusto Pinochet - Wikipedia, the free encyclopedia