The American Spectator : The Limits of Liberal Demagoguery

The political success of liberalism is parasitic, feeding off order and prosperity that the implementation of liberal policies couldn't possibly create.
Bill Clinton's recent bragging on the campaign trail about the budgets that he balanced in the 1990s is an illustration of this: Where did those budgets come from? Not from the policies of liberalism. Take away the significant reductions in defense spending that came from Ronald Reagan winning the Cold War, the wealth from an entrepreneurial economy that an era of tax cuts generated, and the check on Democratic spending schemes from Newt Gingrich's Congress, and those budgets would never have been balanced.

The American Spectator : The Limits of Liberal Demagoguery