Here's a long, detailed article about political history and present, on the topic of taxes and budgeting. (Notice it's in Rolling Stone, a music magazine with a long tradition of social alertness; not a major news magazine. This is what our media is coming to.) Link courtesy of my_partner_doug.
I was particularly taken by this quote:
"The Republican Party has totally abdicated its job in our democracy, which is to act as the guardian of fiscal discipline and responsibility," says David Stockman, who served as budget director under Reagan."
We actually do need conservatives, but we need ones who understand the roots of the word. "Conservative" is the stance of "If it ain't broke, don't fix it," "Look before you leap," "Don't throw the baby out with the bathwater," and "If you don't know what you're doing, don't mess with it." A car without a functioning brake pedal AND gas pedal is in serious trouble. Neither are really working in America's government today.