Why did many conservatives disagree with New Deal economic policies? Conservatives believed in balanced budgets, low taxes, and
less regulation by the federal government. Conservatives believed that wealth should be equally distributed so no one would live in poverty. Conservatives believed that the federal government should have the power to regulate social programs. Conservatives believed that it was the job of the government to ensure economic opportunity for all.
The New Deal was a plan based on Keynesian ideas for economics. Keynes was an author who defended public spending as a stimulus to the economy, in addition to proposing various social and political benefits to stimulate employment.
Conservatives believe in the economic mainstrean, which suggests fiscal balance and less government intervention.
That is, Keynes's ideas suggest public spending, while conservatives prefer the balance in government spending, which occurs when revenue and expenditure balance.
