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Now that Reagan's achievements and failures have become more obvious, it is time for a new nonpartisan appraisal of his leadership and its impact on the nation. That is precisely what John Sloan delivers. Sloan focuses especially on the questions raised in the highly polemical debates between conservatives and liberals concerning Reagan's economic policies. He gives equal time to both sides, showing how liberals were wrong in their predictions of gloom, while conservatives continue to grant Reagan more credit and status than he deserves.
Papers of a conference held at U. of California, Davis in May 1988. Nineteen president-watchers review the Reagan administration's impact in four areas: foreign policy, economic and fiscal policy, institutional changes, and electoral and congressional relations. Annotation copyrighted by Book News, Inc., Portland, OR
"They called it the Reagan revolution," Ronald Reagan noted in his Farewell Address. "Well, I'll accept that, but for me it always seemed more like the great rediscovery, a rediscovery of our values and our common sense." Nearly two decades after that 1989 speech, debate continues to rage over just how revolutionary those Reagan years were. The Reagan Revolution: A Very Short Introduction identifies and tackles some of the controversies and historical mysteries that continue to swirl around Reagan and his legacy, while providing an illuminating look at some of the era's defining personalities, ideas, and accomplishments. Gil Troy, a well-known historian who is a frequent commentator on contemporary politics, sheds much light on the phenomenon known as the Reagan Revolution, situating the reception of Reagan's actions within the contemporary liberal and conservative political scene. While most conservatives refuse to countenance any criticism of their hero, an articulate minority laments that he did not go far enough. And while some liberals continue to mourn just how far he went in changing America, others continue to mock him as a disengaged, do-nothing dunce. Nevertheless, as Troy shows, two and a half decades after Reagan's 1981 inauguration, his legacy continues to shape American politics, diplomacy, culture, and economics. Both Bill Clinton and George W. Bush modeled much of their presidential leadership styles on Reagan's example, while many of the debates of the '80s about the budget, tax cutting, defense-spending, and American values still rage. Love him or hate him, Ronald Reagan remains the most influential president since Franklin D. Roosevelt, and one of the most controversial. This marvelous book places the Reagan Revolution in the broader context of postwar politics, highlighting the legacies of these years on subsequent presidents and on American life today. About the Series: Combining authority with wit, accessibility, and style, Very Short Introductions offer an introduction to some of life's most interesting topics. Written by experts for the newcomer, they demonstrate the finest contemporary thinking about the central problems and issues in hundreds of key topics, from philosophy to Freud, quantum theory to Islam.
"Reagan and the Economy" is the most comprehensive, authoritative, and up-to-date critique of Reaganomics, the revolutionary economic and political program of the 1980s whose effects are only beginning to be felt. In accessible, non-technical language, Michael J. Boskin describes the Reagan economic program as it was conceived and as it evolved over the first six years of the Reagan presidency, showing its place in the changing world of economic thought. His aim is to dispel the myths about Reaganomics by taking a hard look at the actual data and evaluating the performance of the economy. Many of his findings run counter to conventional wisdom. Boskin's greatest contribution is his analysis of "supply-side" economics, the new school of economic thinking that produced several tax cuts during the Reagan Presidency. He analyzes the effects of these policies in light of the economic conditions and alternatives available at the time, and finds the supply-side tax cuts to be partially successful. These findings form a comprehensive and accurate review of Reaganomics. "Reagan and the Economy" is essential to understanding the political and economic choices the nation will face in the coming years. -- From publisher's description.
The arguments over the economic policies of the Reagan Administration will continue until sufficient time has elapsed for a consensus to be possible. In the meantime, it is necessary for contemporary scholars to record their opinions as a base for the consensus. Campagna has recorded his conclusions based on considerable research on Reagan Administration policies. He begins by describing what was planned by the government. From there, he discusses what actually happened, and devotes the remainder of the work to his opinion of what has been left with which the future must deal. Campagna concludes that the Reagan economic policies failed. He establishes a position for others to attack or defend in their own publications in the continuing argument.
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.
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.