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Publisher:
ISBN:
Category : California
Languages : en
Pages : 260
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Author:
Publisher:
ISBN:
Category : California
Languages : en
Pages : 260
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Author: Michael Allen Meeropol
Publisher: University of Michigan Press
ISBN: 0472123521
Category : Business & Economics
Languages : en
Pages : 401
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Book Description
Michael Meeropol argues that the ballooning of the federal budget deficit was not a serious problem in the 1980s, nor were the successful recent efforts to get it under control the basis for the prosperous economy of the mid-1990s. In this controversial book, the author provides a close look at what actually happened to the American economy during the years of the "Reagan Revolution" and reveals that the huge deficits had no negative effect on the economy. It was the other policies of the Reagan years--high interest rates to fight inflation, supply-side tax cuts, reductions in regulation, increased advantages for investors and the wealthy, the unraveling of the safety net for the poor--that were unsuccessful in generating more rapid growth and other economic improvements. Meeropol provides compelling evidence of the failure of the U.S. economy between 1990 and 1994 to generate rising incomes for most of the population or improvements in productivity. This caused, first, the electoral repudiation of President Bush in 1992, followed by a repudiation of President Clinton in the 1994 Congressional elections. The Clinton administration made a half-hearted attempt to reverse the Reagan Revolution in economic policy, but ultimately surrendered to the Republican Congressional majority in 1996 when Clinton promised to balance the budget by 2000 and signed the welfare reform bill. The rapid growth of the economy in 1997 caused surprisingly high government revenues, a dramatic fall in the federal budget deficit, and a brief euphoria evident in an almost uncontrollable stock market boom. Finally, Meeropol argues powerfully that the next recession, certain to come before the end of 1999, will turn the predicted path to budget balance and millennial prosperity into a painful joke on the hubris of public policymakers. Accessibly written as a work of recent history and public policy as much as economics, this book is intended for all Americans interested in issues of economic policy, especially the budget deficit and the Clinton versus Congress debates. No specialized training in economics is needed. "A wonderfully accessible discussion of contemporary American economic policy. Meeropol demonstrates that the Reagan-era policies of tax cuts and shredded safety nets, coupled with strident talk of balanced budgets, have been continued and even brought to fruition by the neo-liberal Clinton regime." --Frances Fox Piven, Graduate School, City University of New York Michael Meeropol is Chair and Professor of Economics, Western New England College.
Author: Marcus M. Witcher
Publisher: University Press of Kansas
ISBN: 0700628770
Category : Political Science
Languages : en
Pages : 440
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Book Description
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.
Author: Andrew L. Johns
Publisher: John Wiley & Sons
ISBN: 1118607929
Category : History
Languages : en
Pages : 696
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Book Description
A Companion to Ronald Reagan evaluates in unprecedenteddetail the events, policies, politics, and people of Reagan’sadministration. It assesses the scope and influence of his variouscareers within the context of the times, providing wide-rangingcoverage of his administration, and his legacy. Assesses Reagan and his impact on the development of the UnitedStates based on new documentary evidence and engagementwith the most recent secondary literature Offers a mix of historiographic chapters devoted to foreign anddomestic policy, with topics integrated thematically andchronologically Includes a section on key figures associated politically andpersonally with Reagan
Author: Monica Prasad
Publisher: Russell Sage Foundation
ISBN: 1610448766
Category : Social Science
Languages : en
Pages : 338
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Book Description
Since the Reagan Revolution of the early 1980s, Republicans have consistently championed tax cuts for individuals and businesses, regardless of whether the economy is booming or in recession or whether the federal budget is in surplus or deficit. In Starving the Beast, sociologist Monica Prasad uncovers the origins of the GOP’s relentless focus on tax cuts and shows how this is a uniquely American phenomenon. Drawing on never-before seen archival documents, Prasad traces the history of the 1981 tax cut—the famous “supply side” tax cut, which became the cornerstone for the next several decades of Republican domestic economic policy. She demonstrates that the main impetus behind this tax cut was not business group pressure, racial animus, or a belief that tax cuts would pay for themselves. Rather, the tax cut emerged because in America--unlike in the rest of the advanced industrial world—progressive policies are not embedded within a larger political economy that is favorable to business. Since the end of World War II, many European nations have combined strong social protections with policies to stimulate economic growth such as lower taxes on capital and less regulation on businesses than in the United State. Meanwhile, the United States emerged from World War II with high taxes on capital and some of the strongest regulations on business in the advanced industrial world. This adversarial political economy could not survive the economic crisis of the 1970s. Starving the Beast suggests that taking inspiration from the European model of progressive policies embedded in market-promoting political economy could serve to build an American economy that works better for all.
Author: Isaac William Martin
Publisher: Cambridge University Press
ISBN: 0521494273
Category : Business & Economics
Languages : en
Pages : 329
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Book Description
This volume presents sixteen essays by comparative historical scholars who offer a survey of the new fiscal sociology.
Author: James Farney
Publisher: University of Toronto Press
ISBN: 1442699620
Category : Political Science
Languages : en
Pages : 177
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Book Description
The strength of the Tea Party and Religious Right in the United States, alongside the Harper Conservatives’ stance on same-sex marriage and religious freedom in Canada, has many asking whether social conservatism has come to define the right wing of North American politics. In this timely and penetrating book, James Farney provides the first full-length comparison of social conservatism in Canada and the United States from the sexual revolution to the present day. Based on archival research and extensive interviews, it traces the historic relationship between social conservatives and other right-wing groups. Farney illuminates why the American Republican Party was quicker to accept social conservatives as legitimate and valuable allies than the Conservative Party of Canada. This book will be indispensable for understanding why a movement so powerful amongst American conservatives has been distinctively less important in Canada and how the character of Canadian conservatism means it will likely remain so.
Author:
Publisher:
ISBN:
Category : California
Languages : en
Pages : 250
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Author: Jack Matlock
Publisher: Random House Trade Paperbacks
ISBN: 0812974891
Category : History
Languages : en
Pages : 402
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“[Matlock’s] account of Reagan’s achievement as the nation’s diplomat in chief is a public service.”—The New York Times Book Review “Engrossing . . . authoritative . . . a detailed and reliable narrative that future historians will be able to draw on to illuminate one of the most dramatic periods in modern history.”—Los Angeles Times Book Review In Reagan and Gorbachev, Jack F. Matlock, Jr., a former U.S. ambassador to the U.S.S.R. and principal adviser to Ronald Reagan on Soviet and European affairs, gives an eyewitness account of how the Cold War ended. Working from his own papers, recent interviews with major figures, and unparalleled access to the best and latest sources, Matlock offers an insider’s perspective on a diplomatic campaign far more sophisticated than previously thought, waged by two leaders of surpassing vision. Matlock details how Reagan privately pursued improved U.S.-U.S.S.R. relations even while engaging in public saber rattling. When Gorbachev assumed leadership, however, Reagan and his advisers found a willing partner in peace. Matlock shows how both leaders took risks that yielded great rewards and offers unprecedented insight into the often cordial working relationship between Reagan and Gorbachev. Both epic and intimate, Reagan and Gorbachev will be the standard reference on the end of the Cold War, a work that is critical to our understanding of the present and the past.
Author: C. Michael Aho
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 272
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Book Description
