Ask Eisenhower Re Budget, Not Reagan


One of those free copies of the right-wing USA Today was laying around the hotel lobby, and since I had a minute, I glanced at the opinion page, where the editor asked “What Would Reagan Do?” regarding the Debt Limit. I kind of chuckled, because the borrow-and-spend policies of the past 30 years started under Reagan, and he would be the last person we should ask for advice.

If Republicans wanted a true fiscal model, they should instead ask: What Would Eisenhower Do?” The General was the last Republican to deal honestly with balanced budgets. He knew enough about military spending from his service to warn the nation, as he left office, against the Military-Industrial-Complex.

President Reagan on the other hand, raised the Debt Ceiling 18 times, and just used his Hollywood credit card to keep borrowing. He cut corporate income taxes, but increased Social Security taxes on ordinary workers. His misguided borrow-and-spend policies predictably increased the National Debt threefold over eight years.

Reagan’s apologists now re-write history, as they defend his borrow-and-spend military programs by suggesting they somehow ended the Cold War. The truth is one man ended the Cold War, and his name was not Reagan, it was Mikhail Gorbachev. After Gorbachev wisely withdrew from Afghanistan in 1988, he advocated reform by promoting glasnost (openness) and perestroika (rebuilding). Once Reagan was out of office, and no longer a threat to the Russian people, Gorbachev conducted open elections in 1989, for the first time in 70 years. Gorbachev’s policies allowed for a Soviet dissolution in 1991. Reagan’s out-of-control military spending had nothing to do with it.

The bottom line is for the past 30 years, the U.S. has been in a borrow-and-spend mode. Since major sources of tax revenues were given away by Reagan, Bush, and Bush Jr., the government does not have enough money. In the Eisenhower days of the 1950s, there had to be tax revenues, before any spending took place, and yes, that included military budgets for wars, like the ones Bush Jr. started in Afghanistan and Iraq. Eisenhower would have raised taxes to pay for those wars. The Republicans of today would be wise to use Ike’s approach as their model for governing.

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One Comment to “Ask Eisenhower Re Budget, Not Reagan”

  1. i agree Eisenhower knew what was coming but always summed up Gorbachev’s role in ending the cold war this way………..he made the mistake of taking Raisa with him on his tour of the west and she saw what could be had in the department stores. you can’t keep them down on the farm after they’ve seen gay Paris.

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