Often the current-day press calls the current day Republicans – conservatives. But it was the pre-1980 Republican party that gave real meaning to the word “conservative”. And the meaning it gave was fiscal. There was no need to put any other word in front of the conservative word to further define it. Conservative meant fiscal. Illinois’ Everett Dirksen helped enlighten us. He said: a million here, a million there and pretty soon we talking real money. Pre-1980 Republicans were fiscally prudent. Post-1980 Republicans are not. However, much of the press makes no distinction.
The press does not bother to explain how different the pre-1980 and post-1980 Republican conservatives are. The two parties, within the party, are as different as night and day. It is miss-leading to a fault, to pretend that word, conservative, did not dramatically change its meaning after 1980.
After 1980 the word conservative took on less of a financial meaning for the Republican party. And viewing the post-1980 Republicans financial performance it is easy to understand why. And when one looks at the neocon’s gifts to BIG BUSINESS it might even be easy to understand why much of the press does not do analysis in this area. Abandoning America’s current events news pool might help with the task of “stupefying” much of America.
Radical political change came to the Republican party in 1980. And twenty-some-odd years later – “damage control” reports:
[…]The committee determined that a peak in economic activity occurred in the U.S. economy in December 2007. The peak marks the end of the expansion that began in November 2001 and the beginning of a recession. The expansion lasted 73 months; the previous expansion of the 1990s lasted 120 months.[…]
Post 1980 Republican “conservatives” guided America to its 2nd big economic disaster. The post 1980 Republicans used the word conservative in precisely the opposite way that pre-1980 Republican conservatives did. Conservatism and fiscal responsibility went hand in hand – until 1980.