Tuesday, February 8, 2011

Reagan Turns 100

This past weekend, communities across the country held their annual love fests for Ronald Reagan. I find this amusing. I find it even more amusing when every Republican, especially tea partiers, bow down at his figurative feet as if he was some sort of deity. Then, in the same breath, they go on some nonsensical rant about taxes. It's funny because Reagan would be a democrat today. Eugene Robinson, so eloquent at stating the obvious, makes the case today:

Some Republicans, I suppose, might be so enraptured by the Reagan legend that they are unaware of his actual record. I hate to break it to Sarah Palin, but Reagan raised taxes. Often. Sometimes by a lot.

When he took office as governor of California in 1967, the state faced a huge budget deficit. Reagan promptly raised taxes by $1 billion - at a time when the entire state budget amounted to just $6 billion. It was then the biggest state tax increase in history. During Reagan's eight years in Sacramento, the top state income tax rate increased from 7 percent to 11 percent. Business and sales taxes also soared.

When Reagan moved into the White House, he brought with him a theory that critics derided as "voodoo economics" - the idea that the way to balance the budget was to lower taxes, not raise them. Reagan quickly pushed through the Economic Recovery Tax Act of 1981, a tax cut of about $264 billion. Republicans seem to rank this event alongside Columbus's discovery of the New World as one of the great milestones in human history.

What eludes the GOP's selective memory is that Reagan subsequently raised taxes 11 times, beginning with the Tax Equity and Fiscal Responsibility Act of 1982. All told, he took back roughly half of that hallowed 1981 tax cut. Why? Because he realized that the United States needed an effective federal government - and that to be effective, the government needed more money.

Republicans laud Reagan's unshakable commitment to smaller government. Yet federal employment rolls grew under his watch; they shrank under Bill Clinton. Reagan had promised to eliminate the departments of Energy and Education, but he didn't. Instead, he signed legislation that added to the Cabinet a new Department of Veterans Affairs.

It's no secret that I've never been a Reagan supporter, but I'll give him credit that he at least knew that to have an effective government, you sometimes have to raise taxes. Cutting every government program doesn't make government better. I think Burnsy nailed it today when he said to me, "Fuck the Gipper. I don't understand why he's so revered; I'd rather the mantle of Clinton than Reagan any day."


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