As the core of the GOP moves south, it becomes more like a European-style conservative party—pro-big government, pro-cartels and regs that favor affluent people, and culturally conservative. Unfortunately our political system has no place for pro-free market and socially liberal people. The kind that read The Economist magazine. So they end up as independents.
Scott Sumner, “Recent links“, The Money Illusion, 27 June 2012.
Scott is commenting on this post:
Basically, as seen in this recent Dartmouth survey, there’s no Republican support at a grass-roots level for any measure that would lead to substantial deficit reduction.
Matthew Yglesias, “Why It’s Unlikely That a Big GOP Win Will Lead to Deficit Reduction in One Chart“, Moneybox, Slate Magazine, 25 June 2012.