Getting Right with Reagan

Getting Right with Reagan

Author: Marcus M. Witcher

Publisher: University Press of Kansas

Published: 2019-11-29

Total Pages: 440

ISBN-13: 0700628770

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Republicans today often ask, “What would Reagan do?” The short answer: probably not what they think. Hero of modern-day conservatives, Ronald Reagan was not even conservative enough for some of his most ardent supporters in his own time—and today his practical, often bipartisan approach to politics and policy would likely be deemed apostasy. To try to get a clearer picture of what the real Reagan legacy is, in this book Marcus M. Witcher details conservatives’ frequently tense relationship with Ronald Reagan in the 1980s and explores how they created the latter-day Reagan myth. Witcher reminds us that during Reagan’s time in office, conservative critics complained that he had failed to bring about the promised Reagan Revolution—and in 1988 many Republican hopefuls ran well to the right of his policies. Notable among the dissonant acts of his administration: Reagan raised taxes when necessary, passed comprehensive immigration reform, signed a bill that saved Social Security, and worked with adversaries at home and abroad to govern effectively. Even his signature accomplishment—invoked by “Mr. Gorbachev, tear down this wall!”—was highly unpopular with the Conservative Caucus, as evidenced in their newspaper ads comparing the president to Neville Chamberlain: “Appeasement is as Unwise in 1988 as in 1938.” Reagan’s presidential library and museum positioned him above partisan politics, emphasizing his administration’s role in bringing about economic recovery and negotiating an end to the Cold War. How this legacy, as Reagan himself envisioned it, became the more grandiose version fashioned by Republicans after the 1980s tells us much about the late twentieth-century transformation of the GOP—and, as Witcher’s work so deftly shows, the conservative movement as we know it now.


Book Synopsis Getting Right with Reagan by : Marcus M. Witcher

Download or read book Getting Right with Reagan written by Marcus M. Witcher and published by University Press of Kansas. This book was released on 2019-11-29 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: Republicans today often ask, “What would Reagan do?” The short answer: probably not what they think. Hero of modern-day conservatives, Ronald Reagan was not even conservative enough for some of his most ardent supporters in his own time—and today his practical, often bipartisan approach to politics and policy would likely be deemed apostasy. To try to get a clearer picture of what the real Reagan legacy is, in this book Marcus M. Witcher details conservatives’ frequently tense relationship with Ronald Reagan in the 1980s and explores how they created the latter-day Reagan myth. Witcher reminds us that during Reagan’s time in office, conservative critics complained that he had failed to bring about the promised Reagan Revolution—and in 1988 many Republican hopefuls ran well to the right of his policies. Notable among the dissonant acts of his administration: Reagan raised taxes when necessary, passed comprehensive immigration reform, signed a bill that saved Social Security, and worked with adversaries at home and abroad to govern effectively. Even his signature accomplishment—invoked by “Mr. Gorbachev, tear down this wall!”—was highly unpopular with the Conservative Caucus, as evidenced in their newspaper ads comparing the president to Neville Chamberlain: “Appeasement is as Unwise in 1988 as in 1938.” Reagan’s presidential library and museum positioned him above partisan politics, emphasizing his administration’s role in bringing about economic recovery and negotiating an end to the Cold War. How this legacy, as Reagan himself envisioned it, became the more grandiose version fashioned by Republicans after the 1980s tells us much about the late twentieth-century transformation of the GOP—and, as Witcher’s work so deftly shows, the conservative movement as we know it now.


Tear Down This Myth

Tear Down This Myth

Author: Will Bunch

Publisher: Simon and Schuster

Published: 2010-02-02

Total Pages: 304

ISBN-13: 1416597638

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Challenges popular conceptions about the 40th president's administration and legacy, arguing that subsequent presidents and conservative policymakers have exploited the country's misunderstandings of Reagan's achievements to promote risky agendas. Reprint.


Book Synopsis Tear Down This Myth by : Will Bunch

Download or read book Tear Down This Myth written by Will Bunch and published by Simon and Schuster. This book was released on 2010-02-02 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Challenges popular conceptions about the 40th president's administration and legacy, arguing that subsequent presidents and conservative policymakers have exploited the country's misunderstandings of Reagan's achievements to promote risky agendas. Reprint.


Reaganland

Reaganland

Author: Rick Perlstein

Publisher: Simon & Schuster

Published: 2020-08-18

Total Pages: 1120

ISBN-13: 1476793050

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A NEW YORK TIMES NOTABLE BOOK OF 2020 From the bestselling author of Nixonland and The Invisible Bridge comes the dramatic conclusion of how conservatism took control of American political power. Over two decades, Rick Perlstein has published three definitive works about the emerging dominance of conservatism in modern American politics. With the saga’s final installment, he has delivered yet another stunning literary and historical achievement. In late 1976, Ronald Reagan was dismissed as a man without a political future: defeated in his nomination bid against a sitting president of his own party, blamed for President Gerald Ford’s defeat, too old to make another run. His comeback was fueled by an extraordinary confluence: fundamentalist preachers and former segregationists reinventing themselves as militant crusaders against gay rights and feminism; business executives uniting against regulation in an era of economic decline; a cadre of secretive “New Right” organizers deploying state-of-the-art technology, bending political norms to the breaking point—and Reagan’s own unbending optimism, his ability to convey unshakable confidence in America as the world’s “shining city on a hill.” Meanwhile, a civil war broke out in the Democratic party. When President Jimmy Carter called Americans to a new ethic of austerity, Senator Ted Kennedy reacted with horror, challenging him for reelection. Carter’s Oval Office tenure was further imperiled by the Iranian hostage crisis, the Soviet invasion of Afghanistan, near-catastrophe at a Pennsylvania nuclear plant, aviation accidents, serial killers on the loose, and endless gas lines. Backed by a reenergized conservative Republican base, Reagan ran on the campaign slogan “Make America Great Again”—and prevailed. Reaganland is the story of how that happened, tracing conservatives’ cutthroat strategies to gain power and explaining why they endure four decades later.


Book Synopsis Reaganland by : Rick Perlstein

Download or read book Reaganland written by Rick Perlstein and published by Simon & Schuster. This book was released on 2020-08-18 with total page 1120 pages. Available in PDF, EPUB and Kindle. Book excerpt: A NEW YORK TIMES NOTABLE BOOK OF 2020 From the bestselling author of Nixonland and The Invisible Bridge comes the dramatic conclusion of how conservatism took control of American political power. Over two decades, Rick Perlstein has published three definitive works about the emerging dominance of conservatism in modern American politics. With the saga’s final installment, he has delivered yet another stunning literary and historical achievement. In late 1976, Ronald Reagan was dismissed as a man without a political future: defeated in his nomination bid against a sitting president of his own party, blamed for President Gerald Ford’s defeat, too old to make another run. His comeback was fueled by an extraordinary confluence: fundamentalist preachers and former segregationists reinventing themselves as militant crusaders against gay rights and feminism; business executives uniting against regulation in an era of economic decline; a cadre of secretive “New Right” organizers deploying state-of-the-art technology, bending political norms to the breaking point—and Reagan’s own unbending optimism, his ability to convey unshakable confidence in America as the world’s “shining city on a hill.” Meanwhile, a civil war broke out in the Democratic party. When President Jimmy Carter called Americans to a new ethic of austerity, Senator Ted Kennedy reacted with horror, challenging him for reelection. Carter’s Oval Office tenure was further imperiled by the Iranian hostage crisis, the Soviet invasion of Afghanistan, near-catastrophe at a Pennsylvania nuclear plant, aviation accidents, serial killers on the loose, and endless gas lines. Backed by a reenergized conservative Republican base, Reagan ran on the campaign slogan “Make America Great Again”—and prevailed. Reaganland is the story of how that happened, tracing conservatives’ cutthroat strategies to gain power and explaining why they endure four decades later.


When Things Went Right

When Things Went Right

Author: Chase Untermeyer

Publisher: Texas A&M University Press

Published: 2013-08-08

Total Pages: 338

ISBN-13: 1623490138

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When Things Went Right is a colorful and insightful portrait of Washington at the beginning of the Reagan-Bush era (November 1980–March 1983) as lived and recorded by an insider in his personal journal. Chase Untermeyer was a Texas state legislator and former journalist when called to national service by his friend and mentor George H. W. Bush after the 1980 election. In his journal entries and subsequent annotations he describes how the Reagan Administration began to grapple with the major national and international challenges it inherited. He also reveals specifically how then–Vice President Bush, Reagan’s former rival, became a valued participant in this effort, in the process solidifying the vice presidency as a significant position in modern American government. As executive assistant to the Vice President, Untermeyer saw how Bush, Reagan, and their top associates began asserting conservative principles on domestic, political, and foreign affairs. He captured in his journal not just the events of each day but also the atmosphere, the key personalities, and the witty, trenchant, and revealing things they said. The book’s long-lasting value will be in providing historians of the period with telling anecdotes and quotations that were caught and preserved with a reporter’s eye and ear. In addition to perceptive portraits of Reagan and Bush, When Things Went Right also features numerous cameo appearances by such diverse characters as Margaret Thatcher, Pope John Paul II, Emperor Hirohito of Japan, Clare Boothe Luce, and jazz great Lionel Hampton. For those who look back on the presidencies of Reagan and Bush with nostalgia and respect, and also for those interested in the inner workings of the administration during its earliest days, this is the story of the time “when things went right.”


Book Synopsis When Things Went Right by : Chase Untermeyer

Download or read book When Things Went Right written by Chase Untermeyer and published by Texas A&M University Press. This book was released on 2013-08-08 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Things Went Right is a colorful and insightful portrait of Washington at the beginning of the Reagan-Bush era (November 1980–March 1983) as lived and recorded by an insider in his personal journal. Chase Untermeyer was a Texas state legislator and former journalist when called to national service by his friend and mentor George H. W. Bush after the 1980 election. In his journal entries and subsequent annotations he describes how the Reagan Administration began to grapple with the major national and international challenges it inherited. He also reveals specifically how then–Vice President Bush, Reagan’s former rival, became a valued participant in this effort, in the process solidifying the vice presidency as a significant position in modern American government. As executive assistant to the Vice President, Untermeyer saw how Bush, Reagan, and their top associates began asserting conservative principles on domestic, political, and foreign affairs. He captured in his journal not just the events of each day but also the atmosphere, the key personalities, and the witty, trenchant, and revealing things they said. The book’s long-lasting value will be in providing historians of the period with telling anecdotes and quotations that were caught and preserved with a reporter’s eye and ear. In addition to perceptive portraits of Reagan and Bush, When Things Went Right also features numerous cameo appearances by such diverse characters as Margaret Thatcher, Pope John Paul II, Emperor Hirohito of Japan, Clare Boothe Luce, and jazz great Lionel Hampton. For those who look back on the presidencies of Reagan and Bush with nostalgia and respect, and also for those interested in the inner workings of the administration during its earliest days, this is the story of the time “when things went right.”


The Right Path

The Right Path

Author: Joe Scarborough

Publisher:

Published: 2013

Total Pages: 0

ISBN-13: 9780812996142

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"Opening with the passage of the Voting Rights Act in 1965 and ending with the disillusionment that characterized the final months of George W. Bush's presidency, Scarborough ultimately takes today's Republican party to task for squandering opportunities to attain and hold power. By revisiting Eisenhower's understated diplomacy, Barry Goldwater's fierce rhetoric, and Reagan's gift for channeling and connecting with voters, [this book] ... demonstrates how today's GOP has undermined its own cause and in doing so, fails the nation"--


Book Synopsis The Right Path by : Joe Scarborough

Download or read book The Right Path written by Joe Scarborough and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Opening with the passage of the Voting Rights Act in 1965 and ending with the disillusionment that characterized the final months of George W. Bush's presidency, Scarborough ultimately takes today's Republican party to task for squandering opportunities to attain and hold power. By revisiting Eisenhower's understated diplomacy, Barry Goldwater's fierce rhetoric, and Reagan's gift for channeling and connecting with voters, [this book] ... demonstrates how today's GOP has undermined its own cause and in doing so, fails the nation"--


Reconsidering Reagan

Reconsidering Reagan

Author: Daniel S. Lucks

Publisher: Beacon Press

Published: 2020-08-04

Total Pages: 354

ISBN-13: 0807029572

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2021 Prose Award Finalist A long-overdue and sober examination of President Ronald Reagan’s racist politics that continue to harm communities today and helped shape the modern conservative movement. Ronald Reagan is hailed as a transformative president and an American icon, but within his twentieth-century politics lies a racial legacy that is rarely discussed. Both political parties point to Reagan as the “right” kind of conservative but fail to acknowledge his political attacks on people of color prior to and during his presidency. Reconsidering Reagan corrects that narrative and reveals how his views, policies, and actions were devastating for Black Americans and racial minorities, and that the effects continue to resonate today. Using research from previously untapped resources including the Black press which critically covered Reagan’s entire political career, Daniel S. Lucks traces Reagan’s gradual embrace of conservatism, his opposition to landmark civil rights legislation, his coziness with segregationists, and his skill in tapping into white anxiety about race, riding a wave of “white backlash” all the way to the Presidency. He argues that Reagan has the worst civil rights record of any President since the 1920s—including supporting South African apartheid, packing courts with conservatives, targeting laws prohibiting discrimination in education and housing, and launching the “War on Drugs”—which had cataclysmic consequences on the lives of Black and Brown people. Linking the past to the present, Lucks expertly examines how Reagan set the blueprint for President Trump and proves that he is not an anomaly, but in fact the logical successor to bring back the racially tumultuous America that Reagan conceptualized.


Book Synopsis Reconsidering Reagan by : Daniel S. Lucks

Download or read book Reconsidering Reagan written by Daniel S. Lucks and published by Beacon Press. This book was released on 2020-08-04 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2021 Prose Award Finalist A long-overdue and sober examination of President Ronald Reagan’s racist politics that continue to harm communities today and helped shape the modern conservative movement. Ronald Reagan is hailed as a transformative president and an American icon, but within his twentieth-century politics lies a racial legacy that is rarely discussed. Both political parties point to Reagan as the “right” kind of conservative but fail to acknowledge his political attacks on people of color prior to and during his presidency. Reconsidering Reagan corrects that narrative and reveals how his views, policies, and actions were devastating for Black Americans and racial minorities, and that the effects continue to resonate today. Using research from previously untapped resources including the Black press which critically covered Reagan’s entire political career, Daniel S. Lucks traces Reagan’s gradual embrace of conservatism, his opposition to landmark civil rights legislation, his coziness with segregationists, and his skill in tapping into white anxiety about race, riding a wave of “white backlash” all the way to the Presidency. He argues that Reagan has the worst civil rights record of any President since the 1920s—including supporting South African apartheid, packing courts with conservatives, targeting laws prohibiting discrimination in education and housing, and launching the “War on Drugs”—which had cataclysmic consequences on the lives of Black and Brown people. Linking the past to the present, Lucks expertly examines how Reagan set the blueprint for President Trump and proves that he is not an anomaly, but in fact the logical successor to bring back the racially tumultuous America that Reagan conceptualized.


11 Principles of a Reagan Conservative

11 Principles of a Reagan Conservative

Author: Paul Kengor

Publisher: Beaufort Books

Published: 2014-02-21

Total Pages: 205

ISBN-13: 0825306582

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Perhaps no other president's name is invoked by politicians as much as Ronald Reagan's. Every election, as presidential hopefuls jockey for the Republican nomination, each one claims to be a Reagan conservative. But are these candidates truly carrying on the mantle of Ronald Reagan, or are they abusing the memory of our great president? What did Ronald Reagan really believe? In 11 Principles of a Reagan Conservative, biographer Paul Kengor analyzes Ronald Reagan's speeches and actions to paint a full, accurate picture of his beliefs. Kengor identifies these principles that lie at the crux of Reagan's conservatism; Freedom, Faith, Family, Sanctity and Dignity of Human Life, American Exceptionalism, The Founders' Wisdom and Vision, Lower Taxes, Limited Government, Peace Through Strength, Anti-Communism, and Belief in the Individual. And it is through these principles that Reagan's modern emulators may create a successful, conservative future. Many a politician has asked: What would Reagan do if he were president now? Where would Reagan stand on today's issues? Who is the next Ronald Reagan? Paul Kengor dissects Reagan's presidency and provides decisive conclusions. The answers to some of these questions may surprise conservatives and liberals alike.


Book Synopsis 11 Principles of a Reagan Conservative by : Paul Kengor

Download or read book 11 Principles of a Reagan Conservative written by Paul Kengor and published by Beaufort Books. This book was released on 2014-02-21 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perhaps no other president's name is invoked by politicians as much as Ronald Reagan's. Every election, as presidential hopefuls jockey for the Republican nomination, each one claims to be a Reagan conservative. But are these candidates truly carrying on the mantle of Ronald Reagan, or are they abusing the memory of our great president? What did Ronald Reagan really believe? In 11 Principles of a Reagan Conservative, biographer Paul Kengor analyzes Ronald Reagan's speeches and actions to paint a full, accurate picture of his beliefs. Kengor identifies these principles that lie at the crux of Reagan's conservatism; Freedom, Faith, Family, Sanctity and Dignity of Human Life, American Exceptionalism, The Founders' Wisdom and Vision, Lower Taxes, Limited Government, Peace Through Strength, Anti-Communism, and Belief in the Individual. And it is through these principles that Reagan's modern emulators may create a successful, conservative future. Many a politician has asked: What would Reagan do if he were president now? Where would Reagan stand on today's issues? Who is the next Ronald Reagan? Paul Kengor dissects Reagan's presidency and provides decisive conclusions. The answers to some of these questions may surprise conservatives and liberals alike.


Right Turn

Right Turn

Author: Michael Schaller

Publisher: Oxford University Press, USA

Published: 2007

Total Pages: 216

ISBN-13:

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An entire generation has passed since the election that installed Ronald Reagan into the White House. This brisk narrative fills a significant gap in the literature on recent U.S. history, making use of diverse memoir material, journalistic accounts, biographies, and specialized policy studies, including those produced recently. Rather than focusing solely on the Reagan and Bush administrations or presidencies, Right Turn addresses the various policy, cultural, social, economic, and technological issues that made the 1980s and early 1990s such an interesting product of the events that proceeded it--and such a vital force in American life that followed. Beginning in the late 1970s and concluding in the early 1990s, this book examines how conservative ideas and organizations reemerged from the shadows of the Great Depression and the New Deal. It describes national politics and public policies implemented by conservative Republicans, the dramatic climax of the Cold War, and the ways in which economic, legal, social, and cultural developments affected ordinary Americans in all their diversity. Featuring numerous photographs throughout and detailed guides to specialized readings at the end of each chapter, Right Turn is ideal for history and political science courses that cover post-1945 America as well as the 1980s and 1990s. -- Publishers description.


Book Synopsis Right Turn by : Michael Schaller

Download or read book Right Turn written by Michael Schaller and published by Oxford University Press, USA. This book was released on 2007 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: An entire generation has passed since the election that installed Ronald Reagan into the White House. This brisk narrative fills a significant gap in the literature on recent U.S. history, making use of diverse memoir material, journalistic accounts, biographies, and specialized policy studies, including those produced recently. Rather than focusing solely on the Reagan and Bush administrations or presidencies, Right Turn addresses the various policy, cultural, social, economic, and technological issues that made the 1980s and early 1990s such an interesting product of the events that proceeded it--and such a vital force in American life that followed. Beginning in the late 1970s and concluding in the early 1990s, this book examines how conservative ideas and organizations reemerged from the shadows of the Great Depression and the New Deal. It describes national politics and public policies implemented by conservative Republicans, the dramatic climax of the Cold War, and the ways in which economic, legal, social, and cultural developments affected ordinary Americans in all their diversity. Featuring numerous photographs throughout and detailed guides to specialized readings at the end of each chapter, Right Turn is ideal for history and political science courses that cover post-1945 America as well as the 1980s and 1990s. -- Publishers description.


The New Reagan Revolution

The New Reagan Revolution

Author: Michael Reagan

Publisher: Macmillan

Published: 2011-01-18

Total Pages: 384

ISBN-13: 1429989963

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"There are cynics who say that a party platform is something that no one bothers to read and it doesn't very often amount to much. Whether it is different this time than it has ever been before, I believe the Republican Party has a platform that is a banner of bold, unmistakable colors, with no pastel shades." –Ronald Reagan, 1976 Republican National Convention When Ronald Reagan was called to the podium by President Ford during the 1976 Republican National Convention, he had no prepared remarks. But the unrehearsed speech he gave that night is still regarded as one of the most moving speeches of his political career. The reason he was able to give such a powerful speech on a moment's notice was that he was proclaiming the core principles of his heart and soul, which he had been teaching and preaching for years. The New Reagan Revolution reveals new insights into the life, thoughts, and actions of the man who changed the world during the 1980s. The challenges and threats we face today are eerily similar to the conditions in the world before the beginning of the Reagan era. The good news is that we already know what works. Ronald Reagan has given us the blueprint. This book is not merely a diagnosis of our nation's ills, but a prescription to heal our nation, rooted in the words and principles of Ronald Reagan. In these pages, you'll find a plan for returning America to its former greatness, soundness, and prosperity. It's the plan Ronald Reagan developed over years of study, observation, and reflection. It's a plan he announced to the nation, straight from his heart, one summer evening during America's 200th year. It's the plan he put into action during his eight years in office as the most effective president of the 20th century, and it is the plan we can use today to help return America to its former greatness, soundness, and prosperity.


Book Synopsis The New Reagan Revolution by : Michael Reagan

Download or read book The New Reagan Revolution written by Michael Reagan and published by Macmillan. This book was released on 2011-01-18 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: "There are cynics who say that a party platform is something that no one bothers to read and it doesn't very often amount to much. Whether it is different this time than it has ever been before, I believe the Republican Party has a platform that is a banner of bold, unmistakable colors, with no pastel shades." –Ronald Reagan, 1976 Republican National Convention When Ronald Reagan was called to the podium by President Ford during the 1976 Republican National Convention, he had no prepared remarks. But the unrehearsed speech he gave that night is still regarded as one of the most moving speeches of his political career. The reason he was able to give such a powerful speech on a moment's notice was that he was proclaiming the core principles of his heart and soul, which he had been teaching and preaching for years. The New Reagan Revolution reveals new insights into the life, thoughts, and actions of the man who changed the world during the 1980s. The challenges and threats we face today are eerily similar to the conditions in the world before the beginning of the Reagan era. The good news is that we already know what works. Ronald Reagan has given us the blueprint. This book is not merely a diagnosis of our nation's ills, but a prescription to heal our nation, rooted in the words and principles of Ronald Reagan. In these pages, you'll find a plan for returning America to its former greatness, soundness, and prosperity. It's the plan Ronald Reagan developed over years of study, observation, and reflection. It's a plan he announced to the nation, straight from his heart, one summer evening during America's 200th year. It's the plan he put into action during his eight years in office as the most effective president of the 20th century, and it is the plan we can use today to help return America to its former greatness, soundness, and prosperity.


JFK and the Reagan Revolution

JFK and the Reagan Revolution

Author: Lawrence Kudlow

Publisher: Penguin

Published: 2016-09-06

Total Pages: 304

ISBN-13: 0698162838

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The fascinating, suppressed history of how JFK pioneered supply-side economics. John F. Kennedy was the first president since the 1920s to slash tax rates across-the-board, becoming one of the earliest supply-siders. Sadly, today’s Democrats have ignored JFK’s tax-cut legacy and have opted instead for an anti-growth, tax-hiking redistribution program, undermining America’s economy. One person who followed JFK’s tax-cut growth model was Ronald Reagan. This is the never-before-told story of the link between JFK and Ronald Reagan. This is the secret history of American prosperity. JFK realized that high taxes that punished success and fanned class warfare harmed the economy. In the 1950s, when high tax rates prevailed, America endured recessions every two or three years and the ranks of the unemployed swelled. Only in the 1960s did an uninterrupted boom at a high rate of growth (averaging 5 percent per year) drive a tremendous increase in jobs for the long term. The difference was Kennedy’s economic policy, particularly his push for sweeping tax-rate cuts. Kennedy was so successful in the ’60s that he directly inspired Ronald Reagan’s tax cut revolution in the 1980s, which rejuvenated the economy and gave us another boom that lasted for two decades. Lawrence Kudlow and Brian Domitrovic reveal the secret history of American prosperity by exploring the little-known battles within the Kennedy administration. They show why JFK rejected the advice of his Keynesian advisors, turning instead to the ideas proposed by the non-Keynesians on his team of rivals. We meet a fascinating cast of characters, especially Treasury Secretary Douglas Dillon, a Republican. Dillon’s opponents, such as liberal economists Paul Samuelson, James Tobin, and Walter Heller, fought to maintain the high tax rates—including an astonishing 91% top rate—that were smothering the economy. In a wrenching struggle for the mind of the president, Dillon convinced JFK of the long-term dangers of nosebleed income-tax rates, big spending, and loose money. Ultimately, JFK chose Dillon’s tax cuts and sound-dollar policies and rejected Samuelson and Heller. In response to Kennedy’s revolutionary tax cut, the economy soared. But as the 1960s wore on, the departed president’s priorities were undone by the government-expanding and tax-hiking mistakes of Presidents Johnson, Nixon, Ford, and Carter. The resulting recessions and the “stagflation” of the 1970s took the nation off its natural course of growth and prosperity-- until JFK’s true heirs returned to the White House in the Reagan era. Kudlow and Domitrovic make a convincing case that the solutions needed to solve the long economic stagnation of the early twenty-first century are once again the free-market principles of limited government, low tax rates, and a strong dollar. We simply need to embrace the bipartisan wisdom of two great presidents, unleash prosperity, and recover the greatness of America.


Book Synopsis JFK and the Reagan Revolution by : Lawrence Kudlow

Download or read book JFK and the Reagan Revolution written by Lawrence Kudlow and published by Penguin. This book was released on 2016-09-06 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fascinating, suppressed history of how JFK pioneered supply-side economics. John F. Kennedy was the first president since the 1920s to slash tax rates across-the-board, becoming one of the earliest supply-siders. Sadly, today’s Democrats have ignored JFK’s tax-cut legacy and have opted instead for an anti-growth, tax-hiking redistribution program, undermining America’s economy. One person who followed JFK’s tax-cut growth model was Ronald Reagan. This is the never-before-told story of the link between JFK and Ronald Reagan. This is the secret history of American prosperity. JFK realized that high taxes that punished success and fanned class warfare harmed the economy. In the 1950s, when high tax rates prevailed, America endured recessions every two or three years and the ranks of the unemployed swelled. Only in the 1960s did an uninterrupted boom at a high rate of growth (averaging 5 percent per year) drive a tremendous increase in jobs for the long term. The difference was Kennedy’s economic policy, particularly his push for sweeping tax-rate cuts. Kennedy was so successful in the ’60s that he directly inspired Ronald Reagan’s tax cut revolution in the 1980s, which rejuvenated the economy and gave us another boom that lasted for two decades. Lawrence Kudlow and Brian Domitrovic reveal the secret history of American prosperity by exploring the little-known battles within the Kennedy administration. They show why JFK rejected the advice of his Keynesian advisors, turning instead to the ideas proposed by the non-Keynesians on his team of rivals. We meet a fascinating cast of characters, especially Treasury Secretary Douglas Dillon, a Republican. Dillon’s opponents, such as liberal economists Paul Samuelson, James Tobin, and Walter Heller, fought to maintain the high tax rates—including an astonishing 91% top rate—that were smothering the economy. In a wrenching struggle for the mind of the president, Dillon convinced JFK of the long-term dangers of nosebleed income-tax rates, big spending, and loose money. Ultimately, JFK chose Dillon’s tax cuts and sound-dollar policies and rejected Samuelson and Heller. In response to Kennedy’s revolutionary tax cut, the economy soared. But as the 1960s wore on, the departed president’s priorities were undone by the government-expanding and tax-hiking mistakes of Presidents Johnson, Nixon, Ford, and Carter. The resulting recessions and the “stagflation” of the 1970s took the nation off its natural course of growth and prosperity-- until JFK’s true heirs returned to the White House in the Reagan era. Kudlow and Domitrovic make a convincing case that the solutions needed to solve the long economic stagnation of the early twenty-first century are once again the free-market principles of limited government, low tax rates, and a strong dollar. We simply need to embrace the bipartisan wisdom of two great presidents, unleash prosperity, and recover the greatness of America.