Collective Conscious A Notably Rare Exception

15Mar/101

Remembering Ronald “Big Government” Reagan

It's nice to see that even Bush's staunchest defenders admit what a joke he is. Ed Morrisey:

Somehow, I think people will miss this man more than the one featured in the “Miss Me Yet?” billboard [Bush 43].

"This man" is of course none other than Ronald Reagan, populist hero of the Republican right:

Ronald Reagan hope and change billboard

So long as the right is going to continue worshiping this guy, we ought to take a look at his top accomplishments to better understand why. Here's the short list:

  • Quadrupled the US debt from $700B to $3T. Yes, Mr. Conservative is responsible for a big chunk of the debt, and only the Bushes did more to increase it (Clinton, of course, created the first government surplus since Carter).
  • Increased taxes on the elderly by making Social Security payments taxable income.
  • Moved Social Security off-budget in order to help hide the US deficit in government accounting.
  • Bailed out the Savings & Loan institutions to the tune of $150 billion during the 1987 crisis. (Almost $300 billion in today's dollars.)
  • Increased taxes on the middle class by expanding the Alternative Minimum Tax to new brackets.
  • To reiterate: quadrupled the federal debt by growing it at an average of 45%/term.

These are the enduring Republican ideals, apparently: higher government spending, higher taxes, federal bailouts, and lots of debt. Rock on, Mr. Reagan!

Posted by Benjamin Daniels

Filed under: Conservative Coalition Leave a comment
  • ranman

    mr daniels, you are a fool.

    yes the u.s. debt increased under reagan, but under two prodominent causes…
    1. he built up the u.s. aresenal of nuclear warheads and the “threat” of space wars to cause the soviet union to collapse upon itself (reference: ussr had no money like we do not have today).
    2. the congress of the united states was controlled in both houses by the democrats ( “libs” which you are one of, obviously). anyone that has any knowledge of government spending knows that it is instigated by the congress and only passed by the president if he has no power to veto.
    not sure what the heck you are talking about with regards to social security taxes and moving the balnace off line, but he did make sure that the postal service stopped recieving federal tax dollars, and i just wished that your obama had only spent $300 billion (your number, not mine) on bailing out banking institutions.
    as a conservative, i have never claimed that reagan or either bush were perfect… but any one of them are a hell of a lot better than carter or obama, and clintoon was a beneficiary of 15 years of conservative policy from a president and conservative control of congress during his term.

    p.s. clinton was the first to tout a “balanced budget” taking social secutrity of the “spreadsheet” for costs….

    love ya dude!

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