View Poll Results: Was Reagan a fiscal-small government conservative?

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Thread: Was Reagan a fiscal/small government conservative?

  1. #51
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    Re: Was Reagan a fiscal/small government conservative?

    Quote Originally Posted by Dav View Post
    You mean, Congress were the model Keynesians.
    Whatever you need to sleep at night. It should be noted that spending increases during times of economic recession is entirely Keynesian.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  2. #52
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    Re: Was Reagan a fiscal/small government conservative?

    Quote Originally Posted by Goldenboy219 View Post
    Whatever you need to sleep at night. It should be noted that spending increases during times of economic recession is entirely Keynesian.
    Except when it's MILITARY spending.
    "The crisis will end when fear changes sides" - Pablo Iglesias Turrión

    "Austerity is used as a cover to reconfigure society and increase inequality and injustice." - Jeremy Corbyn

  3. #53
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    Re: Was Reagan a fiscal/small government conservative?

    Quote Originally Posted by Goldenboy219 View Post
    Whatever you need to sleep at night. It should be noted that spending increases during times of economic recession is entirely Keynesian.
    Why should that matter, considering that most of the spending increases happened after the recession?

  4. #54
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    Re: Was Reagan a fiscal/small government conservative?

    Quote Originally Posted by Dav View Post
    Why should that matter, considering that most of the spending increases happened after the recession?
    So now it is a game of antics? Do yourself a favor before you reply. Research government spending as a percentage of GDP and figure out where it was at its highest (during Reagan's presidency). Meaning; was it higher prior to 1984 or after?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  5. #55
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    Re: Was Reagan a fiscal/small government conservative?

    Quote Originally Posted by Goldenboy219 View Post
    So now it is a game of antics? Do yourself a favor before you reply. Research government spending as a percentage of GDP and figure out where it was at its highest (during Reagan's presidency). Meaning; was it higher prior to 1984 or after?


    It was highest 1982-83, but it didn't really change much, meaning that the spending didn't have to do with the recession. The vast majority of the spending still happened after the recession.

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    Re: Was Reagan a fiscal/small government conservative?

    Quote Originally Posted by Dav View Post


    It was highest 1982-83, but it didn't really change much, meaning that the spending didn't have to do with the recession. The vast majority of the spending still happened after the recession.
    Like i said, whatever helps you sleep at night. Keynesianism at is finest!
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  7. #57
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    Re: Was Reagan a fiscal/small government conservative?

    Quote Originally Posted by Goldenboy219 View Post
    Like i said, whatever helps you sleep at night. Keynesianism at is finest!
    Reagan was a supply-side economics President; he showed that Keynesian economics is a failure.

    Ronald Reagan cut income taxes across the board and relaxed regulation, encouraging investments.

    “…In 1983, the final year that the Reagan tax cuts went into effect, the U.S. economy commenced a 15-year period of economic growth. Nearly 20 million new jobs were created between 1983 and 1989, and another 10 million since then. At a rate of 3.5%, the gross national product increased by a third during the rest of Reagan's term, and it has continued to expand at the slower but steady pace of 2.5% ever since then...”

    “…Reagan's policies put the U.S. in a position to capitalize on the silicon revolution. It is easy to forget that when Reagan was first elected, very few Americans owned a computer. Videocassette recorders were a novelty. Hardly anyone had an answering machine. All of this changed during the 1980s. Cellular phones were only introduced in 1983, yet by 1989 more than 20 million Americans owned one. Computers ceased to be used primarily by businesses and became a regular feature of the American home…”

    “…Reagan didn't create this revolution, but whence came the venture capital for the new industries of the 1980s? The number of venture capital partnerships surged from 25 in the mid-1970s to more than 200 in the early 1980s. The pool of venture capital nearly doubled, from $5.8 billion in 1981 to $11.5 billion in 1983…”

    How Reagan reelected Clinton - Forbes.com

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    Re: Was Reagan a fiscal/small government conservative?

    Quote Originally Posted by Porchev View Post
    Reagan was a supply-side economics President; he showed that Keynesian economics is a failure.
    Considering the country was experience a disband from the Phillips curve, your comment has no bearing.

    Ronald Reagan cut income taxes across the board and relaxed regulation, encouraging investments.
    In doing so, he created deficits instantaneously.

    “…In 1983, the final year that the Reagan tax cuts went into effect, the U.S. economy commenced a 15-year period of economic growth. Nearly 20 million new jobs were created between 1983 and 1989, and another 10 million since then. At a rate of 3.5%, the gross national product increased by a third during the rest of Reagan's term, and it has continued to expand at the slower but steady pace of 2.5% ever since then...”
    You missed the part where he raised government spending to go along with tax breaks to help push prices down.



    “…Reagan's policies put the U.S. in a position to capitalize on the silicon revolution. It is easy to forget that when Reagan was first elected, very few Americans owned a computer. Videocassette recorders were a novelty. Hardly anyone had an answering machine. All of this changed during the 1980s. Cellular phones were only introduced in 1983, yet by 1989 more than 20 million Americans owned one. Computers ceased to be used primarily by businesses and became a regular feature of the American home…”
    Reagan was responsible for the tech revolution??? Hardly seems accurate. I do believe that those engineers @ IBM, Apple, Texas Instrument, Microsoft, Phillips, etc.... had far more to do with the tech revolution than did President Reagan. Don't get me wrong, i think he was a wonderful president, just not fiscally conservative.

    Do you have anything to comment on your own behalf, or is this a copy paste fest intended to allow you peaceful sleep like the rest of the conservative lot that shuns fiscal responsibility at every turn?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  9. #59
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    Re: Was Reagan a fiscal/small government conservative?

    Quote Originally Posted by Goldenboy219 View Post
    Reagan was responsible for the tech revolution??? Hardly seems accurate.
    Lots of people think so. Milton Friedman, for one.

    BW Online | June 21, 2004 | Reagan's Economic Legacy

    Commanding Heights : Milton Friedman | on PBS

  10. #60
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    Re: Was Reagan a fiscal/small government conservative?

    "Supply side" economics is merely the discredited "trickle-down" by another name. Openly mocked as "voodoo economics" by Reagan's then rival for the candidacy GHW Bush, who shortly afterward went silent on the subject when he was offered the role of running-mate.
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