OUNG GUNS BASED ON PHONY MYTHICAL BUSH/REAGANOMICS WHOLLY INVENTED BY RIGHT
Conservative extremist Grover Norquist spearheaded a Republican Party movement, in 1997, to undertake an active, mapped-out, audacious, extraordinarily successful campaign precisely to transform Reagan into one of the greatest presidents in US history through totally false, conservative, history revisionism. This concerted operation--pushed even harder today--eliminated all facts, failures, and scandals that would otherwise relegate Reagan's reign to an unremarkable, less-than-transformational presidency; heavily exaggerated positive achievements; and reinvented a legacy of new conclusions and triumphs, particularly economic--which indoctrinated even the liberal press. Since the proposals and extrapolations espoused in Young Guns emanate from the Reagan era, this book cannot be taken seriously without examining the realities of the Reagan legacy--best conducted by honest conservatives:
The Free Market, Volume VI, No. 10, October 1988, THE SAD LEGACY OF RONALD REAGAN, By Sheldon L. Richman
. . .
Ronald Reagan's faithful followers claim he used his skills as the Great Communicator to reverse the growth of Leviathan and inaugurate a new era of liberty and free markets. Reagan himself said, "Government is the problem--not the solution." Yet, after nearly eight years of Reaganism, the clamor for more government intervention in the economy was so formidable that Reagan abandoned the free-market position and acquiesced in further crippling of the economy and our liberties. In fact, the number of free-market achievements by the administration are so few, they can be counted on one hand--with fingers left over.Let's look at the record:
SPENDING
In 1980, Jimmy Carter's last year as president, the federal government spent a whopping 27.9% of "national income" (an obnoxious term for the private wealth produced by the American people). Reagan assaulted the free-spending Carter administration throughout his campaign in 1980. So how did the Reagan administration do? At the end of the first quarter of 1988, federal spending accounted for 28.7% of "national income." Even Ford and Carter did a better job at cutting government. Their combined presidential terms account for an increase of 1.4%--compared with Reagan's 3%--in the government's take of "national income." And in nominal terms, there has been a 60% increase in government spending, thanks mainly to Reagan's requested budgets . . .
The budget for the Department of Education, which candidate Reagan promised to abolish along with the Department of Energy, has more than doubled to $22.7 billion, Social Security spending has risen from $179 billion in 1981 to $269 billion in 1986 . . . Another accurate analysis from David Stockman, Reagan's budget director of OMB, 1981-1985, speaks directly to phony Reaganomic platitudes set forth in Young Guns: The New York Times, FOUR DEFORMATIONS OF THE APOCALYPSE, by David Stockman,July 31, 2010
If there were such a thing as Chapter 11 for politicians, the Republican push to extend the unaffordable Bush tax cuts would amount to a bankruptcy filing. The nation's public debt--if honestly reckoned to include municipal bonds and the $7 trillion of new deficits baked into the cake through 2015--will soon reach $18 trillion. That's a Greece-scale 120% of gross domestic product, and fairly screams out for austerity and sacrifice. It is thus unseemly for Senate minority leader, Mitch McConnell, to insist that the nati
1 out of 7 people found this review helpful.
Was this review helpful? Yes NoThank you for your feedback.
Report this reviewThank you, this review has been flagged.