REAGANOMICS

Homelessness, illegal immigration, and America’s budget deficit will not be cured by reducing taxes on the rich or by tariffs that artificially increase the cost of living, or by cutting the labor force of farmers through mass deportations, or by making it easier to do business in the U.S.

Books of Interest
 Website: chetyarbrough.blog

Reagan (His Life and Legend) 

By: Max Boot

Narrated By: Graham Winton

Max Boot (Russian-born naturalized American author, editorialist, lecturer, and military historian, writer and editor for The Christian Science Monitor.)

Not being a fan of Ronald Reagan’s presidency, there is some reluctance in reviewing Max Boot’s biography of the man. However, Boot’s writing and research offer an understanding that makes one separate Reagan’s political life from his experienced life. Boot explains Reagan’s life during the years before and after the depression.

Reagan’s father was an alcoholic which reminds one of how one’s childhood is rarely idyllic. Boot’s biography of Reagan shows one becomes who they are–despite the human faults of their parents. The way a child matures is only partly defined by parents’ influence. Reagan’s father’s alcoholism did not carry through to his son.

Boot’s biography shows Reagan to be an affable, well-adjusted, teenager and young adult who has a strong sense of what he believes is right and wrong.

Reagan is a football athlete in high school that grows to become a 6′ 1″ handsome young man from a relatively poor middle-class family. He aspires to college and works to have enough money to attend Eureka College in Illinois. He graduates in 1932 with a BA in Economics and Sociology. Reagan is remembered by classmates and teachers as a smart student and determined football player that gave him the grit and experience to become a movie star in the 1940s.

The first chapters of Boot’s biography of Reagan are about his break into the entertainment industry as a sports caster.

Reagan had a nearly photographic memory. He used that skill to recall a football game he played in college to impress a radio station manager with broadcast details of a game. He recalls a game he played in college and purposefully embellishes his role in the game. Reagan’s skill as a radio announcer led to a screen test with Warner Brothers in 1937 that launched his film career.

As WWII approaches, Reagan enlists as a lieutenant in the U.S. Army Air Force. (The Air Force in these early days were not a separate branch of the service.)

Reagan’s experience in the entertainment industry led to producing training and propaganda films for the Army Air Force. Boot explains Reagan had significant vision problems with nearsightedness in his youth and presbyopia (difficulty of focusing on close objects) as he got older. Reagan never served in a combat role. He eventually adopted contact lenses to correct his vision; partly to please film producers who disliked the “coke bottle” lenses he needed to see properly.

Four issues that are interesting and informative in the first chapters of Boot’s biography of Reagan are 1) how affable, and well liked Reagan was to people who met him, 2) that he was well-read, 3) very handsome with a respect for women that carried through to several relationships, and 4) that though he had a sense of right and wrong, his moral center seemed to waiver between concern and indifference.

During the depression, Reagan was a strong supporter of Franklin Roosevelt’s efforts to resurrect the American economy.

Reagan seemed more like a liberal Democrat than the conservative Republican he came to be as Governor of California and President of the United States. The remainder of the book shows how that change came about. Boot notes several factors that influenced Reagan to change from a Roosevelt to Goldwater supporter. The movie industry and the growing anti-communist era of the fifties influenced many former liberals. Reagan’s experience in Hollywood reinforced conservativism.

Reagan became rich from his relationship with Gerneral Electric. The corporate culture of GE in the 1950s and 60s was decidedly conservative. When Reagan became the host of “General Electric Theater” that culture seeped into his consciousness.

In 1962, Reagan switched from the Democratic party to the Republican party. He supported the election of Goldwater who ran against President Lyndon Johnson who was mired in the Vietnam war while promoting big government social welfare programs. The influence of Goldwater and the liberalism of the Johnson polices drove Reagan to believe big government was ruining the wealth and opportunity of Americans. He adopted conservative beliefs for economic deregulation, tax cuts that largely benefited the rich, and promoted anti-communist foreign policies. Reagan’s support for conservative policies is exemplified by his “A Time for Choosing” speech supporting Barry Goldwater’s campaign for President in 1964.

In the political climate of the 1960s, Reagan, with the support of GE, runs for Govenor of California. His position as president of the Screen Actors Guild, support of Goldwater, and the public’s perception of inefficiency of state government provided a platform for Reagan to run. The civil rights movement, Vietnam protests, the free speech movement, the Watts riots in LA, and the hippie movement in San Francisco created an environment ripe for conservative reaction. Reagan is elected Governor of California twice, to serve from 1967 to 1975.

Reagan as the Governor of California.

Reagan described his time with GE as a “postgraduate course in political science”.

Reagan’s experience as Governor of California, his Hollywood image, the support of big companies like GE, and the economic issues confronting Carter, give him a platform to run for President of the United States. Todays’ Republicans hold Reagan in high regard. Some view Reagan as one of the best recent presidents of the United States. Those who hold him in high regard cite his economic policies, strong national defense and leadership during the cold war. He believed in small government, lower taxes, and conservative values. Some suggest Trump is Reaganomics second coming.

Reagan runs for President of the United States in 1976. He wins and is re-elected in 1980.

What is not fully understood by some Americans, is the accomplishments of Reagan held some very negative consequences. Some argue he was the prime mover in nuclear weapons reduction. The biography of Gorbachev suggests the prime mover was Gorbachev and his support of glasnost with an opening of Russia to western ideals.

Some, like me, would argue Reagan accelerated economic inequality by giving tax cuts to the wealthy and deregulating the economy.

The federal deficit increased from $70 billion dollars to 152.6 billion dollars during the Reagan presidential years. In comparison to Carter’s administration, the deficit was less than half of Reagan’s at $74 billion dollars. Today’s deficit has grown to 1.83 trillion dollars. Four out of seven presidents (including Trump’s second term) since Reagan have been Republican. The deficit lays at the feet of both parties.

With the election of Trump, who emulates Reagan’s policies, one wonders–how much greater the deficit will be with reduced taxes for the rich and a renewal of economic deregulation.

Homelessness, illegal immigration, and America’s budget deficit will not be cured by reducing taxes on the rich or by tariffs that artificially increase the cost of living, or by cutting the labor force of farmers through mass deportations, or by making it easier to do business in the U.S.