Throwing The Gipper Under The Bus
It's impossible to overstate both the importance and impact that President Ronald Reagan had on the modern conservative movement. Actually, one could be forgiven for definitively stating that Reagan was the founder of the modern conservative movement. The problem with holding such an exalted position is that it's easy for people on both sides of a debate to co opt your legacy for their own purposes.
Reagan is rightfully exalted for being the godfather of supply side economic theory. He didn't develop it (Economist Arthur Laffer did), nor did he even modify it, but he was certainly his most enthusiastic supporter (with former congressman Jack Kemp coming in a close second) and the economic growth that his policies helped create were unprecedented in American history.
The problem with the Reagan presidency is separating fact from fiction, and nowhere is this problem more evident than in the current debate over extending the national debt ceiling. House republicans, led by John Boehner, Eric Cantor and Paul Ryan have insisted that no tax increases are up for discussion, with Speaker Boehner saying, "...tax increases are unacceptable and are a nonstarter"
Oddly enough, the record shows that supply side cheerleader Ronald Reagan himself incorporated tax increases into his economic recovery plans, most famously into 1982's Tax Equity and Fiscal Responsibility Act, though there were four more tax increases in the remaining six years of his presidency, with a total of $190 billion (in today's dollars) in revenue increases coming from those tax hikes. That's an amount significantly above what Vice President Biden is calling for during the recent deficit talks with GOP leaders.
In hindsight, one of Ronald Reagan's most enduring legacies was the economic recovery from the 1970's "malaise" and it's staggering, long-term positive impact on both our economy and our society as a whole. No one is doing Reagan's legacy any favors by misstating it's essential truths.
Ronald Reagan's revolution, despised and fought by, at the time, 95% of America's media establishment, was and is incomplete, and in the same way that America's revolution is incomplete. All men are not yet free. All are not guaranteed their rights, due by Nature and Nature's God, of life, liberty and property. Reagan famously said, "Better to get 80% of what you want now and go for the rest later." Reagan, working with a Democratic Congress after 1982, managed to rein in government growth. I appreciate the man for what he did, against all headwinds. But we must surpass the teacher, not repeat his mistakes and forced strategic retreats. Ronald Reagan is dead. Long live Reaganism.
And political death to tax-and-spend Leftists and con men.
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