Reaganism: A failed theory

Discussion in 'Politics' started by wihosa, Mar 16, 2009.

  1. wihosa
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    wihosa VIP Member

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    It's been nearly thirty years since Republicans were in ascention with Ronald Reagan and his "theories" leading the way. The results are in on this grand experiment - FAILURE!

    Precept number one: "Government is the problem". Well if you don't believe in the Framers vision of "Government of, by and for the People" one might come to see the government as the problem, but of course that is the same as saying that the People are the problem, since the People ARE the government. This idea of government as the problem, followed blindley by Repubs led to the foolish notion that deregulation of all parts of the economy would lead to prosperity because the theory goes that 'the economy will work best if there are no rules'. Allowing investment banks (gambler's banks) to merge with commercial banks was disasterous, thanks Phil Graham!

    Precept number two: "Cutting taxes will bring in more tax revenue". The Laffer Curve turned out to be a laugh. Every time the Repubs cut taxes it has led to increased deficit spending. The National Debt was just under 1 trillion dollars of total accumulated debt from the days of George Washington until when Jimmy Carter left office at which point Reagan slashed revenue and increased spending. What a surprise, the debt exploded! We now owe more that 10 trillion dollars.

    Precept number three: "Greed works". Greed does not work, it destroys. There is a big difference between a desire to prosper and greed. If you don't see a difference perhaps a little 'soul searching' is in order. Even Bill Bennit did not include greed in his book of virtues!

    Reaganism is a failure and the best thing that could happen for the Democrats would be if the Repubs all rally around Rush Limbaugh and continue to espouse this failed 'theory'.

    Why couldn't the Republicans govern? Because they don't believe in government!
     
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  2. Freemason
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    Freemason What the Dormouse Said

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    "Because they don't believe in government! "

    Thank God for that. We the people do not need the government totally in our lives. We are Americans, the governments needs to leave us alone, provide us the right tools, and just do their jobs.
     
  3. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Tax cuts work, but the government has to cut it's spending as well.
     
  4. wihosa
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    wihosa VIP Member

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    Freemason, it is our government, the one The Constitution spells out the rules for operating that makes us Americans. Without The Constitution we are just a bunch of people living in proximity to one another with no rules for civil discourse.
     
  5. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    And yet the Constitution is ignored.
     
  6. wihosa
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    wihosa VIP Member

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    Kevin K
    "Tax cuts work" What do you mean by work?
    Obviously if you want to cut taxes you must cut spending or else you will come up short on revenue. Unless you beleieve the pie in the sky "theory" that cutting taxes will lead to more revenue.
     
  7. wihosa
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    wihosa VIP Member

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    Freemason
    The most egregious ignorance of the Constitution was under W when the Fourth Amendment was virtually abrogated.
     
  8. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Well you didn't mention it so I thought that I would. It's the one part of the equation that our Congressional and former Presidential Republicans have missed over the years.
     
  9. editec
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    editec Mr. Forgot-it-All

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    ACtually Reagans said THIS government is the problem.

    He was referring to Carter's administration.

    The revisionists who want to put Reagan into the Anti-government camp, like to rewrite what he actually said and and what he actually meant, too.
     
  10. Freemason
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    Freemason What the Dormouse Said

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    I don't disagree with the above. Limited government is the foundation upon which this country was built .
     

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