as the Democrat leader on the Senate Budget Committee with a long and established record as a fiscal conservative, as Governor of my State longer than any other in its history, and proud of continuing that record for 18 years in the Senate, I begin today a number of statements on sound budgeting. These will be based on fact and proven or provable economic theory, or just common sense, in a hope that I might divert America from careening again down a path that will certainly lead our Nation to new irresponsible depths--new depths indeed--of national debt, if not depression. Alarmingly, the latest ``Follow The Yellow Brick Road'' path of wizardry blends $550 billion in tax breaks, unspecified spending cuts, and rosy economic scenarios into one shameless political ploy. When the unsuspecting Dorothys of the world pull back in wonderment the curtain, they discover a huffing and puffing candidate Bob Dole as the wizard. This is the same wizard who for the first 72 years of his life foreswore such economic nonsense. Bob Dole's transformation from a deficit hawk into a carrier pigeon for supply-side economics is a great loss and disappointment to fiscal conservatives of both parties.
Editor's note · Context
Discussing fiscal responsibility and criticizing Bob Dole's economic policies.
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