Yes, I think that the ideas behind these policies are very well thought out, and that the people who make them know what they are doing and how to make a program that will work and that will keep the people in a good economy that is working really good.
Fiscally liberal policies tend to involve higher spending on government services, and higher taxes to foot the bill. Looking at times when the US was successfully growing, we see that the fiscal policies involved high taxes, and a great amount of government investment in our infrastructure and social programs. Of course, there is a limit to how high you can raise taxes and how much you can spend, so a bit of balance is in order.
No, through out the history of every modern country, fiscally liberal policies have only ever served to bankrupt the country enacting them. For a modern example you can look at the fiscal turmoil the EU is facing. All the most fiscally liberal nations are going bankrupt and are having increasingly violent protests as the governments can no longer provide the citizens with the life styles to which the are accustomed.
in the US historically, it has been fiscally liberal policies that have lead up to every recession/depression.
The United States enjoys an incredible system of a free commerce system that allows individuals to start their own businesses whenever and wherever they choose within the parameters of certain laws; however, the freedoms to make money and spend money that individuals enjoy is governed only by the person’s every choice and affects their life alone, but the economy shifts and moves in massive directions by small changes. One problem the country has continued to face over the past few years is a reliance on terms like liberal and conservative the one painting the other as a disreputable source of decision-making. Like reason and emotion governing the mind, both liberal and conservative practices and beliefs have their place in both the individual consumer’s life and in large decisions that shape the economy through policy. A person might be very liberal when purchasing clean water and certain foods, but conservative about luxury items like entertainment and even utensils. In this way, they can balance their personal income and output of money so that they maintain a healthy source of necessities without sacrificing too much to keep themselves happy. Liberal policies have their place, but so do conservative policies. There needs to be a serious balance of spending, borrowing, and saving in our economic policy so that we as a nation can maintain that healthy source of necessities and not have to sacrifice our freedoms and moderate luxuries. When things, fiscally and physically, are done in moderation, a consistent and eugenic environment is created that can encourage other issues the country faces as well like healthcare, the legal system, education, and job growth. Liberal policies here are not the answer, but neither are conservative policies; we need a team with players from both sides pushing our economy forward into a winning streak.
Taking from the successful and giving to the unsuccessful makes success less worthwhile. Thus, the incentives for working hard are reduced and less people will work hard. Redistribution encourages reliance on welfare and blaming the rich for your failures. It also takes money from successful business owners who could provide employment and a means of succeeding to the poor. Redistribution hurts the rich and leaves the poor dependent on government handouts, rather than their own hard work (which hurts them in the long run).
No, fiscally liberal policies are not good for the economy, because the redistribution of wealth doesn't work. The more the government taxes, the less incentive people have to work hard. If saving money only means that it will be taxed more, people will not be financially responsible with their money. Taxes should be lower to stimulate the economy.