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Revision as of 16:46, 25 March 2023 by imported>Noel21231

Fiscal Conservatism (FisCon) also called Economic Conservatism or Economic Liberalism in Europe and some other regions is an economically right-wing ideology that believes finances of the public body should be responsible and long-term sustainable although not strictly limited.

History

The term dates back to Franklin Roosevelt's New Deal era in the 1930s, when many Error creating thumbnail: Unable to save thumbnail to destination classical liberals began calling themselves conservatives because they did not want to identify with President Roosevelt's supporters, who called themselves liberals.

In the Error creating thumbnail: Unable to save thumbnail to destination United States, since the 1930s, the term liberalism is associated with the welfare state and active government intervention in the economy, otherwise known as Error creating thumbnail: Unable to save thumbnail to destination Social Liberalism. Fiscal conservatives form one of three parts of the traditional conservative movement that emerged in the 1950s along with social and national conservatism. Many Americans, while classical liberals, also tend to identify as Error creating thumbnail: Unable to save thumbnail to destination libertarians who combine support for tax cuts and government spending cuts with liberal views on social issues and a rejection of Error creating thumbnail: Unable to save thumbnail to destination interventionist foreign policies.

Beliefs

Fiscal Conservatism aims to reduce government debt by reducing public spending and avoiding deficit spending. In theory, this can also be accomplished by increasing taxes however Fiscal Conservatives would prefer to decrease spending.

FisCon around the world

In Error creating thumbnail: Unable to save thumbnail to destination Canada, Error creating thumbnail: Unable to save thumbnail to destination the UK and other English-speaking countries, FisCon is typically associated with conservative parties. In Error creating thumbnail: Unable to save thumbnail to destination Germany and other European countries, it is typically associated with culturally varied classical or economically liberal parties.

Error creating thumbnail: Unable to save thumbnail to destination Najibnomics Error creating thumbnail: Unable to save thumbnail to destination

Najibnomics is an economic ideology that originated in Malaysia during the late 2000s and early 2010s under former prime minister Najib Razak, and was a form of Economic Liberalism. It aimed to deregulate the economy, implement subsidy reforms and increased government spending while setting a debt limit (which at the time Malaysia was a protected economic state).

Error creating thumbnail: Unable to save thumbnail to destination Reaganomics Error creating thumbnail: Unable to save thumbnail to destination

Reaganomics or Reaganism is the economic ideology of Ronald Reagan government which consisted in reducing capital gain and federal income taxes, growth of government spending, reduce the government regulation and tighten the money supply in order to reduce inflation.

Error creating thumbnail: Unable to save thumbnail to destination Hardingism Error creating thumbnail: Unable to save thumbnail to destination

Hardingism is based on the views and actions of the 29th US President, former Ohio Governor and former Senator Warren G. Harding. Harding's presidency was marked by the drastic reduction of American interventions and the reduction of American fleets along with the United Kingdom and Japan, in addition to withdrawing American troops with several Latin American countries, such as Cuba and Dominicana, even refusing to renounce interventionism, promising to limit considerably, but intervened in Mexico. When he took over, the US was in economic crisis (crisis of 20), so he cut and lowered several taxes and abolished the tax on surplus profits, in addition to having encouraged new technologies (such as electricity and automobiles) and national works. He also increased the amount of industries and increased civil rights, especially for black people, but decreased immigration. In his government there were several corruption scandals, in which, along with other politicians, they were called the "Ohio Gang". Due to the high amount of corruption in his administration, Harding is often ranked as one of the worst American Presidents in history.

Error creating thumbnail: Unable to save thumbnail to destination Najibnomics Error creating thumbnail: Unable to save thumbnail to destination

Najib Razak made several reforms of the Malaysian economy such as the New Economic Model, Economic Liberalism, Reform of government subsidies, free trade agreements and Stimulus packages which marks a significant shift away from the state-oriented economic programs of past governments, apart from several reforms on civil liberties, such as repealing the controversial Internal Security Act (ISA) besides removal of bans on two opposition newspapers and releasing of several detainees under the Internal Security Act (ISA) on his first actions as Prime Minister. His economic policies, known as Najibnomics, combines Error creating thumbnail: Unable to save thumbnail to destination Economic Liberalism, Error creating thumbnail: Unable to save thumbnail to destination Keynesianism and Error creating thumbnail: Unable to save thumbnail to destination Social Capitalism.

Error creating thumbnail: Unable to save thumbnail to destination Rogernomics Error creating thumbnail: Unable to save thumbnail to destination

Rogernomics is an economic ideology that originated in New Zealand during the 1980s under finance minister Roger Douglas, and was a form of Fiscal Conservatism. It aimed to reduce government debt and deregulate the economy (which at the time in New Zealand was a welfare state). Unlike most other forms of FisCon however, Rogernomics is a slightly socially progressive ideology, due to Douglas' then membership of the Error creating thumbnail: Unable to save thumbnail to destination New Zealand Labour Party. Douglas' economic reforms were controversial within the party, with many seeing it as a betrayal of Labour's centre-left values.

Error creating thumbnail: Unable to save thumbnail to destination Thatcherism Error creating thumbnail: Unable to save thumbnail to destination

WIP

Personality and Behavior

Basically, very responsible when it comes to spending.

May act like Jon from "Garfielf".

How to Draw

Flag of Fiscal Conservatism

The symbol for fiscal conservatism is a combination of a green dollar sign (representing wealth) on the a blue background (representing conservatism).

  1. Draw a ball with eyes
  2. Fill it Blue
  3. Draw a Green Dollar Sign ($) on the ball.

And you're done!

Relationship

Friends


Frenemies

Enemies

Further Information

Literature

Wikipedia

Videos

  • W.I.P.

Online Communities

Gallery

  • Original image

    Original image

  • Economic Liberalism

    Economic Liberalism

Notes

  1. ↑ Cleveland married his friends' 21 year old daughter Frances Folsom, whom he had known since she was an infant and whom he had raised as a child after her father had died in a carriage accident

Navigation

  1. ↑ 1Malaysia
  2. ↑ Najib Razak held the title Orang Kaya Indera Shahbandar, a nobility title in Pahang Sultanate and one of the four highest-ranking nobles below the monarch of Pahang
  3. ↑ https://www.facebook.com/permalink.php?story_fbid=10158088166005952&id=157851205951
  4. ↑ https://www.washingtonpost.com/opinions/global-opinions/trumps-hosting-of-malaysias-prime-minister-marks-another-setback-for-the-rule-of-law/2017/09/03/3b9fe220-8f40-11e7-91d5-ab4e4bb76a3a_story.html
Retrieved from "https://pcbwiki.net/index.php?title=Fiscal_Conservatism&oldid=278805"

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