Liberalism, generally, favors a bigger government and higher taxes to pay for it, while conservatives advocate moving in the opposite direction: limited government and low taxes.
Let's face it. The government since FDR's New Deal has gotten bigger. LBJ instituted the Great Society. (I want my Game Show Government, no matter the cost!) By now conservatives would say Uncle Sam is morbidly obese. But liberalism is still winning, and liberals claim the moral high ground.
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