Ronald Reagan and the Corruption of History

By: aznew
Published On: 1/24/2008 6:18:55 PM

The recent row between Hillary Clinton and Barak Obama regarding Ronald Reagan raises the question of exactly what kind of president Ronald Reagan was.

Over and over again, I have read here and in the MSM comments like that in Today’s Washington Post, “Mr. Reagan’s historical importance and effectiveness in office are hard to dispute.”

I’d like to address the issue of Reagan’s historical importance. Even allowing for the excessive hubris endemic to its editorial page, it is not at all difficult to dispute “Mr. Reagan’s historical importance.”


As Paul Krugman wrote recently, “[h]istorical narratives matter.” If the unrelenting right-wing campaign to enshrine Reagan as a towering historical figure has accomplished anything, it has allowed a corrupted view of history to worm its way into the accepted wisdom.

I am not even speaking of the substance of Reagan’s policies, which formed the basis of Krugman’s critique and which were frankly atrocious and in some cases bordered on immoral, but on their historical significance.

When evaluating Reagan’s importance as a historical figure, the salient question is not to ask how he is perceived now – we lack the benefit of perspective -- but to try to project how he may be perceived a century from now, or two centuries from now.

What will the consensus of history remember Ronald Reagan for across the sea of time? Probably, not much.

Reagan did cut marginal tax rates. For the right wing, this policy is the most important thing in history, apparently, directly responsible for all goodness that has occurred in the universe since 1982 (and yet is somehow unrelated to the budget deficit that followed immediately).

Well, sure it is. They want more tax cuts.

But really, in a hundred years, will anyone care. Quick, I defy anyone to describe for me William McKinley’s tax policy?

Defeating the Soviet Union in the Cold War? There are a myriad of reasons for the fall of the Soviet Union, and quite honestly, certain policies pursued by Reagan were a part of that, but so were the policies of every president going back to Harry Truman. Arguably, the seeds of the USSR’s destruction were sown in 1972 with Détente (not to mention foreseen by the Beatles in 1970!)

History, of course, will remember the breakup of the Soviet Empire, but Reagan’s contribution to this will likely be seen as no better, and no worse, than the seven other presidents who also handled part of that conflict. Certainly, not credible historian would conclude that Reagan was solely responsible.

Then there is the myth that Reagan ushered in an era of conservative dominance for a generation. But consider the record.

On the presidential level, we have had 5 presidential elections since Reagan. Democrats have won the popular vote in three of them, and are likely to take the next one. A winning percentage of 33% is hardly dominance.

While the Senate tilted the GOP way during the Reagan presidency, after Reagan left office in 1989, Democrats controlled both Houses of Congress for the next six years, and the Senate for two years after that. It was, in fact, the election of 1994 that created a short period of GOP rule in Washington that lasted 12 years.

Newt Gingrich was the driving force behind that, not Ronald Reagan.

Yes, Reagan and his party saw some electoral success during the election cycles once removed from Watergate (which put everything out of whack) and a period of economic expansion.

But put the GOP success into context. Going back to the election of FDR in 1932, Democrats have controlled both houses of Congress and the presidency for 30 years, the GOP for a scant 8.

True transformative figures are not common in history. In the U.S., Lincoln was one.  FDR was one. Martin Luther King was one. These leaders left legacies that will likely transcend the narrow political and self-interests of the political parties of the generations that knew them personally.

Even a cursory examination of the historical record independent of a partisan political interest that find advantages in him reaching heroic status demonstrates that Ronald Reagan was not  a transformational figure, and at best a run-of-the-mill president.

I think it is a shame that both Clinton and Obama, apparently, have bought into the right-wing historical narrative that says otherwise.


Comments



Yes, Reagan will be forgotten (Hugo Estrada - 1/24/2008 10:53:18 PM)
You are right: 100 years from now Reagan will probably not be remembered. He will probably be another of those mid 19th century presidents that no one can remember.

That is if we are lucky and the economic crisis gets solved. Otherwise he will be remembered as the symbolic start of an era that brought us the Second Great Depression.

God willing, this will not happen.



I can't let this diary scroll off without saying (Quizzical - 1/25/2008 7:06:29 PM)
Two words that give you the express ride to the Reagan legacy:  
David Stockman

'Stockman was quoted as referring to the Reagan Revolution's legacy tax act as: "I mean, Kemp-Roth [Reagan's 1981 tax cut] was always a Trojan horse to bring down the top rate.... It's kind of hard to sell 'trickle down.' So the supply-side formula was the only way to get a tax policy that was really 'trickle down.' Supply-side is 'trickle-down' theory." Of the budget process in his first year on the job, Mr. Stockman is quoted as saying: "None of us really understands what's going on with all these numbers," which was used as the subtitle of the article.

The fiscal misunderstandings had ramifications. With the National Debt benchmarking at $1.0 Trillion in October of 1981, not counting Trillions in accumulating net interest carrying costs, the National Debt was put on a political trajectory via the legacy of the Reagan Revolution budgets, towards the $9.1 Trillion it reached by the end of 2007. Vice President Dick Cheney is famously quoted as saying: "Reagan proved that deficits don't matter". Regardless, the legacy of sizable budget deficits added up in the National Debt and interest costs alone on the debt clicked in at $1.17 Billion dollars per day for fiscal year ending 2007; $430 Billion for the year.

and this

President Jimmy Carter's last signed and executed fiscal year budget results ended with a $79.0 Billion budget deficit, ending within the period of David Stockman's and Ronald Reagan's first year in office, on October 1, 1981, and provided the benchmark of where the National Debt stood when Reagan and Stockman began to unleash their revolutionary fiscal legacy. The Gross Federal National Debt had just climbed to the $1.0 Trillion level in October 1981 ($998 Billion on 9/30/81), which was the cumulative fiscal budget results of 205 years as a nation (1776-1981), 96 Congresses, and 39 Presidents; not to mention two World Wars and one Great Depression. Just four and a half years into the Reagan Revolution, upon Stockman's resignation at the OMB in the summer -- August of 1981 -- the gross federal debt level had nearly doubled with the National Debt standing at $1.8 Trillion on 9/30/1985. Stockman's OMB work within the administration in 1981 upto August was dedicated to negotiating with the Senate and House on the next fiscal year's budget, executed later in the fall of 1985, which resulted in the National Debt officially doubling to $2.1 Trillion on fiscal year end 9/30/1986, within just the first five years of Stockman's and Reagan's legacy and charting the course for future presidents, congresses, and their voters to transfer huge costs and burdens forward -- in essence mortgaging the future as never before, for the next presidents, congresses, and future generations to carry. Twenty-six years later, at the end of 2007, the National Debt stood at $9.1 Trillion, not counting the Trillions of dollars in carrying costs that had been paid-out over the years in net interest expense on the National Debt. Washington had adopted costly habits (as referenced by V.P. Dick Cheney above) from the Stockman/Reagan years. A fiscal revolution had taken place at David Stockman's OMB, where sizable budget deficits politically entrenched themselves decades on. Federal Funds budget surpluses (not counting Trust Fund surpluses) were not to reveal themselves until fiscal year 2000, which eked out a relatively minor $1.6 Billion single year Federal Funds surplus -- quickly followed once again with gargantuan budget deficits as far as the eyes could see with the arrival of George W. Bush's administration

http://en.wikipedia.org/wiki/D...

(Yeah, I know Stockman has been indicted.)

"I'm paying for this microphone!"  Nah, Reagan's been dead for almost 4 years, and our great grandchildren will still be paying for his microphone.