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I grew up supporting Northeast/Moderate/"Rockefeller" Republicanism, so I found this video to be a pretty interesting take on why the party shifted more and more to the right, and a bittersweet reminder of a time when there was a place for moderates in the GOP.
The crowd roared in approval, but their cheers were short-lived. When Bush took over the Oval Office, he inherited the consequences of his predecessor Ronald Reagan’s supply-side or “trickle down” economics: massive budget deficits. And in 1990, Bush broke his promise and raised taxes.
Bush was a traditional “country club” Republican, whose relatively moderate economic and social beliefs contrasted with more right-wing conservatives who had supported Reagan. When Bush lost to Bill Clinton in 1992, Reaganites abandoned a moderate, bipartisan approach to politics, and the Republican Party has moved further to the right ever since.
Of course, Mr. Bush ended up doing what he thought was best for the country. We had a 200 billion dollar budget deficit, and a Congress that could not agree on how to address it. Mr. Bush finally accepted a compromise with the Democrats that included tax hikes on various items, including 'luxury' taxes on yachts and such.
I thought it courageous to do what he thought was best for the country. I voted for him in 1992. I believe that Mr. Clinton benefited from the action (not by being elected, but not facing an even larger deficit).
Of course, Mr. Bush ended up doing what he thought was best for the country. We had a 200 billion dollar budget deficit, and a Congress that could not agree on how to address it. Mr. Bush finally accepted a compromise with the Democrats that included tax hikes on various items, including 'luxury' taxes on yachts and such.
I thought it courageous to do what he thought was best for the country. I voted for him in 1992. I believe that Mr. Clinton benefited from the action (not by being elected, but not facing an even larger deficit).
I like politicians (and people in general) who are more pragmatic and willing to adjust their approach based on evidence. Too many people are willing to double down on their errors.
The video also makes me wonder what would have happened if Bush Sr. had defeated Clinton. I don't attribute that much of the economic boost to Clinton, as I think much of it was inevitable with the rise of the Internet. How different would the GOP be today if Bush Sr had won?
hahaha Since when did Reagan actually impliment conservative polices once he assumed office? Raising spending isn't less government. Keeping our military involved in the Middle East isn't less government. Raising taxes which happened many times during the Reagan administration isn't less government. Reagan was nothing more than a con artist.
hahaha Since when did Reagan actually impliment conservative polices once he assumed office? Raising spending isn't less government. Keeping our military involved in the Middle East isn't less government. Raising taxes which happened many times during the Reagan administration isn't less government. Reagan was nothing more than a con artist.
Heresy in today's GOP who pretends Reagan was to the right of the Tea Party/ Freedom Caucus members.
Two years after Clinton defeated HW Bush, the Gingrich-lead "Republican Revolution of 1994" swept both houses of Congress, wiping out most of the "Blue Dog" (Manchin-type) Democrats, Weld/Pataki type Republicans, and Republicans who were willing to look at bills written by people with a D next to their name, and what is today known as "the Tea Party" took control of Congress.
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