Which conservative in the mid-1980s could have imagined the Age of Obama? Who could have predicted that statist liberalism would come roaring back to life with such persuasive power? Kirk, a friend of Reagan’s and an honored guest at the White House, wrote glowingly in his memoirs of Reagan’s achievement: “To the American people, Ronald Reagan had become the Western hero of romance—audacious, faithful, cheerful, honest, and skilled at shooting from the hip.” He had reformed education, had reduced taxes, inflation, and unemployment, and had stood up to Libya and the Soviet Union, Kirk recalled.
Such an endorsement from one of the greatest inspirations of the post-World War II conservative renaissance carries considerable authority with the movement. And rightly so. It should give pause to anyone reckless enough to challenge Reagan’s legacy. But that legacy itself raises nagging questions. The federal payroll was larger in 1989 than it had been in 1981. Reagan’s tax cuts, whatever their merits as short-term fiscal policy, left large and growing budget deficits when combined with increased spending, and added to the national debt. His tax increases were among the largest proportionate ones in U.S. history. And more than one historian has called Reagan’s foreign policy “Wilsonian.” In short, it is hard in 2009 to point to any concrete evidence that the Reagan Revolution fundamentally altered the nation’s trajectory toward bloated, centralized, interventionist government. Conservatism in the 1980s made its peace with much of liberalism—if not with all of its legislative agenda, then at least with its means to power. Republicans and Democrats now argue over how big the bailouts should be or how long the troops should remain deployed, rarely about first principles.
Wednesday 19 August 2009
How Right Was Reagan? ☀
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How Right Was Reagan?
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