The Club for Growth is out with its report on Rudy Giuliani's fiscal record, and he
is given high marks. On his record, Pat Toomey writes:
Despite powerful local obstacles, Giuliani was able to
significantly cut taxes; hold spending increases down below the
rates of inflation and population growth; overhaul the welfare
system; deregulate and privatize many local government services;
and join the fight for school choice. These accomplishments played
a crucial role in transforming New York City from an economic
basket case into a thriving economy.
The most important question is what Giuliani's
mayoral tenure tells us about how he would govern if elected
president. The answer is not clear cut, as some of his local
positions are worrisome and some of his federal positions are still
unknown. Nonetheless, one cannot help but conclude that if Giuliani
could accomplish the pro-growth record he did in the hostile
environment of New York City, the potential for him to accomplish
even more amid the more politically balanced federal government is
great.
This is very good news for Rudy. If he has any hope of winning the
nomination given his liberal social views, he has to be able to
convince Republicans that he's not only rock solid on national
security, but that he's the real deal on economic issues. The fact
that the Club for Growth, which has no qualms about criticizing
Republicans when they deviate from small government principles,
extensively researched his record and came away with the conclusion
that "Giuliani's economic accomplishments are remarkable," goes a
long way in helping him make that sale. In the past six years,
conservatives have endured a president who they agree with on
national security and social issues, but who has been absymal on
spending and has turned the GOP into the party of big government.
Will conservatives be willing to replace him with a pro-choice
candidate who will restore fiscal discipline to Washington?