Not content to be a one-hit wonder writing column after column about how much he hates George Bush, Paul Krugman is now taking on Ronald Reagan, clearly peeved that alleged “progressive” Barack Obama praised Reagan’s “dynamism”:
Contrast that with Mr. Obama’s recent statement, in an interview with a Nevada newspaper, that Reagan offered a “sense of dynamism and entrepreneurship that had been missing.”
Maybe Mr. Obama was, as his supporters insist, simply praising Reagan’s political skills. (I think he was trying to curry favor with a conservative editorial board, which did in fact endorse him.) But where in his remarks was the clear declaration that Reaganomics failed?
Krugman clearly doesn’t understand why so many people were, and remain to this day, supporters of Reagan. Liberals generally have this problem, and Krugman’s no exception. You can just see the incredulity - don’t people know Reaganomics failed? Blah, blah, blah. I’m too young to have ever voted for Reagan, but the reason so many remain Reagan acolytes is obvious even to me. If Krugman took off his official Progressive I Hate republicans blinders, he’d see it too. Here are a few reasons:
1. The Economy Isn’t Everything
Bill Clinton’s condescending rhetoric aside, it is not “the economy, stupid.” or at least not just the economy. Putting aside for a moment whether Reaganomics “failed,” the Reagan dynamism praised by Obama certainly went beyond economics. In 1980, US foreign policy was a joke. The Iranians had held American hostages for more than a year, and the peanut farmer President’s attempt to rescue them was straight out of Keystone Kops. Eastern Europe was under the thumb of the Communists, and the Soviet Union was emboldened enough to attempt a foolhardy invasion of Afghanistan on Christmas Day, 1979. The predecessors of today’s progressives urged cooperation with the Soviets when they weren’t defending the regime’s murderous oppression and planned economy (want to talk about an economic system that is a clear failure? Start with communism, not Reaganomics). And President Carter offered little other than a communal woe-is-me, there’s-nothing-we-can-do national melancholy.
Reagan refused to accept that, arguing instead that America was the proverbial shining city on a hill, a beacon of hope for a world with far too much oppression and far too little freedom. Consider Reagan’s First Inaugural Address (audio, transcript):
On the eve of our struggle for independence a man who might have been one of the greatest among the Founding Fathers, Dr. Joseph Warren, president of the Massachusetts Congress, said to his fellow Americans, “Our country is in danger, but not to be despaired of . . . . On you depend the fortunes of America. You are to decide the important questions upon which rests the happiness and the liberty of millions yet unborn. Act worthy of yourselves.”
Well, I believe we, the Americans of today, are ready to act worthy of ourselves, ready to do what must be done to ensure happiness and liberty for ourselves, our children, and our children’s children. And as we renew ourselves here in our own land, we will be seen as having greater strength throughout the world. We will again be the exemplar of freedom and a beacon of hope for those who do not now have freedom.
To those neighbors and allies who share our freedom, we will strengthen our historic ties and assure them of our support and firm commitment. We will match loyalty with loyalty. We will strive for mutually beneficial relations. We will not use our friendship to impose on their sovereignty, for our own sovereignty is not for sale.
As for the enemies of freedom, those who are potential adversaries, they will be reminded that peace is the highest aspiration of the American people. We will negotiate for it, sacrifice for it; we will not surrender for it, now or ever.
Our forbearance should never be misunderstood. Our reluctance for conflict should not be misjudged as a failure of will. When action is required to preserve our national security, we will act. We will maintain sufficient strength to prevail if need be, knowing that if we do so we have the best chance of never having to use that strength.
Above all, we must realize that no arsenal or no weapon in the arsenals of the world is so formidable as the will and moral courage of free men and women. It is a weapon our adversaries in today’s world do not have. It is a weapon that we as Americans do have. Let that be understood by those who practice terrorism and prey upon their neighbors.
That is dynamism and hope and aspiration all rolled up into a tidy package. It’s something Carter certainly didn’t give us, and it’s something that the Clintons, Obama and Edwards don’t give us now.
2. Never, Ever Forget About the Cold War
Is America safer now than it was in 2000 or 1992? That’s a debatable question. What’s not debatable is that Reagan turned over a more secure nation to George HW Bush than he received from Jimmy Carter. He firmly rejected appeasement and directly confronted the evils of totalitarianism. The June 12, 1987 speech at the Brandenburg Gate is well-known, of course, but the words still pack an incredible punch two decades later (audio, transcript
In the 1950’s, Khrushchev predicted: “We will bury you.” But in the West today, we see a free world that has achieved a level of prosperity and well-being unprecedented in all human history. In the Communist world, we see failure, technological backwardness, declining standards of health, even want of the most basic kind-too little food. Even today, the Soviet Union still cannot feed itself. After these four decades, then, there stands before the entire world one great and inescapable conclusion: Freedom leads to prosperity. Freedom replaces the ancient hatreds among the nations with comity and peace. Freedom is the victor.
And now the Soviets themselves may, in a limited way, be coming to understand the importance of freedom. We hear much from Moscow about a new policy of reform and openness. Some political prisoners have been released. Certain foreign news broadcasts are no longer being jammed. Some economic enterprises have been permitted to operate with greater freedom from state control. Are these the beginnings of profound changes in the Soviet state? Or are they token gestures, intended to raise false hopes in the West, or to strengthen the Soviet system without changing it? We welcome change and openness; for we believe that freedom and security go together, that the advance of human liberty can only strengthen the cause of world peace.
There is one sign the Soviets can make that would be unmistakable, that would advance dramatically the cause of freedom and peace. General Secretary Gorbachev, if you seek peace, if you seek prosperity for the Soviet Union and Eastern Europe , if you seek liberalization: Come here to this gate! Mr. Gorbachev, open this gate! Mr. Gorbachev, tear down this wall!
Freedom leads to prosperity. Freedom is the victor. There’s that dynamism again, an optimism and hope that Reagan’s opponents said was naive, not reality-based (to use a more modern phrase). Of course, Reagan was right and the progressives were wrong. Strength and freedom prevailed over appeasement and oppression. The wall did come down, and millions enjoyed a freedom they would never have tasted but for America finally having the courage to stare down the Soviets and refuse to blink.
3. The Economy, Stupid
Krugman, of course, ignores all that. His political amnesia allows him to ignore the Carter years. He apparently missed the part of the 1980s when the Cold War ended, or perhaps his still has a progressive longing for the old Soviet Union, which had a fairly effective way of addressing troublemakers and income inequality. But what about the economy? Was Reaganomics a failure?
The answer, of course, is that nobody really knows. Reagan’s economic vision was based on three principles. First, slash taxes to allow Americans to increase prosperity, create jobs and improve their lives. Second, slash government spending and stop feeding the ravenous monster consuming the economy of the 1970s. Third, free Americans from the confines of regulation (Government is the problem, not the solution). He was initially successful at the first, with the 1981 tax cuts, but the second and third components of Reaganomics never succeeded, thanks to a Democratic Congress that was loath to give up big sacks of money and the control that comes along with it.
Nevertheless, 19 million jobs were created during the Reagan Administration. The economy recovered from the economic malaise of the Carter years, a recovery that continued for three-quarters of Reagan’s term. Were there still problems? Of course there were. But imagine what the American economy would have looked like after four more years of Carter.
Not only does Krugman not acknowledge any of the successes of the Reagan presidency, he engages in a bit of typical progressive goalpost-moving to belittle the economic growth of the mid to late 80s:
The Reagan economy was a one-hit wonder. Yes, there was a boom in the mid-1980s, as the economy recovered from a severe recession. But while the rich got much richer, there was little sustained economic improvement for most Americans. By the late 1980s, middle-class incomes were barely higher than they had been a decade before — and the poverty rate had actually risen.
Don’t forget the cause of the “severe recession” of the 1970s — the abject failure of the sort of progressive politics advocated by Krugman and put in place under Carter. Progressives seeking to diminish republican accomplishments love to talk about “greed” and “income inequality.” You see, economic growth doesn’t count if investment bankers on Wall Street snort coke and proclaim that Greed is Good. Rising income levels only count if the rich don’t get richer.
Reagan’s supporters, on the other hand, recognize that Hollywood bluster aside, greed is good. So, frankly, is income inequality, up to a point. You call it greed; I call it keeping the wealth I create rather than handing it over to the government. Reagan slashed the capital gains tax rate, which allowed both (1) greedy investment bankers and (2) Midwestern housewives to profit from a rising stock market. If economic success means handing over most of what you gain to the government, what incentive is there to create wealth in the first place?
4. Clinton was no progressive
Krugman praises progressive politics and lauds the Clinton years, leaving the implication that the progressive politics of the 1990s were the cause. That’s nonsense. The last progressive President was Carter, not Clinton. At his core, Clinton was a liberal, but his utter lack of ideological backbone allowed himself to look like something else. Clinton’s attempts at policies favored by today’s progressives were failures (i.e. HillaryCare). Clinton’s singular domestic policy success, the welfare reform bill, owes far more to Jack kemp than to Jack Kennedy. Clinton certainly didn’t do the right thing on taxes, but he didn’t increase spending the way Krugman would prefer.
The Clinton years were also a sham, an economic boomlet fueled by stock market gains driven almost entirely by mass delusion. The biggest form of wealth created was real estate purchased by dot-com millionaires now crashing in the housing bubble. Krugman’s happy to diminish Reagan’s economic successes, but doesn’t apply the same analytic rigor to Clinton.
Those are the things Reagan’s supporters find attractive about Reagan to this day. An ideological rigor that is absolutely lacking in the post-Clinton, poll-based rhetoric of the day. A sense of optimism about America and the role she plays in establishing and maintaining freedom. A willingness to unblinkingly face down the original Evil Empire until the wall fell and freedom reigned. Reaganites aren’t redefining the historic narrative; they’re refusing to allow people like Paul Krugman to do so.