Wednesday, March 20, 2002

The Real Reagan Legacy


March 19, 2002 (Political Sanity/APJP) -- Let's begin our examination of the real Reagan Legacy by taking a look at myth number one: Democrats dominated Congress all through Reagan's terms, and called all his budgets Dead On Arrival.

That's numerically and historically false. Reagan's people shoved his program through the Congress during the early Reagan years. James A. Baker, David Stockman and other Reaganites ran roughshod over Tip O'Neill and the divided Democrats in the House and Senate, and won every critical vote. This is because of the GOP majority in the Senate and the GOP-"Boll Weevil" (or "Dixiecrat") coalition in the House. Phil Gramm was a House Democrat at the time, and he even sponsored the most important Reagan budgets.

Only after the huge Reagan recession -- made worse by utterly failed Reagan "Voodoo Economics" - did Democrats regain some control in Congress. They halted some Reagan initiatives, but couldn't do much on their own. That was a time of gridlock.

Six years into Reagan's presidency, Democrats retook the Senate, and began to reverse some of Reagan's horrendous policies. By that time, Reaganomics had "accomplished" quite a bit: doubled the national debt, caused the S&L crisis, and nearly wrecked the financial system.


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