It's an over simplification, but the "conservative" party is no longer conservative about spending or government involvement. "Conservative" now means social conservative. No only that, but it's willing to be pretty damn liberal with spending and government involvement to enfore its social conservatism.
"Conservative" and "liberal" -- and by extension "Republican" and "Democrat" -- are assumed to indicate how someone feels about homosexuals, television programming, and prayer in schools.
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