3 ms·
Reagan? Now I remember some of what he pushed with his political capital: He called the Soviet Union an "evil empire" and stood at the wall in Germany and said
by graycat 13y ago
Reagan? Now I remember some of what
he pushed with his political capital:
He called the Soviet Union an "evil empire"
and stood at the wall in Germany and said
"Mr. Gorbachev, tear down this wall.".
Then he pushed 'Star Wars' hard,
had Ed Teller in the Oval Office
explaining nuclear powered, orbiting
X-ray lasers, etc.
During his campaigning and his many
rubber chicken talks for GE, he kept
saying how important it was to have
a balanced budget, but in office he
told Stockman to "spend". And he
spent big time on the US military.
So, we got a lot of Abrams M-1 tanks.
Leaders in the aviation parts of the
US military were expected to fly
and got their personal plane to
fly, e.g., an F-16. When
Reagan negotiated with Gorbachev
in Iceland, Reagan would not
give up on 'Star Wars' --
he was pushing hard.
The difference is, Reagan had an
agenda and used his political
capital to push things. It's not
clear what political agenda
Obama has, beyond making the
Federal Government bigger and richer
to enable more on social justice,
and he essentially
never pushes anything.
During the Reagan Admin,
my wife and I were doing some
consulting, and there was an
issue in healthcare: The previous
administration figured that if
reduce the number of hospital beds,
then will reduce the cost to the
Federal Government for healthcare.
So in each US county, etc., there
got to be fights, with lawyers,
for the available
number of beds. I was involved
as an expert witness on the statistics
of how many beds were needed.
Then Reagan came into office and
right away cut out the group
trying to regulate the number of
beds; that was just part of
Reagan wanting smaller government.
Yup, I lost that part of my consulting business!
Maybe one likes Obama better or
Reagan better, but there are
differences!
The best the Federal Government
does is terrific stuff --
NSF, NIH, DARPA, TVA, FAA,
FDA. Otherwise
I figure that any money the Federal
Government doesn't spend it doesn't
waste; any program it doesn't pursue
does no harm. So, I'm for
a more limited Federal Government.
Then in a sense I should like Obama
because from all I can see
actually he isn't doing much,
that is, is concentrating on
his golf game and jump shot.
He is spending a lot of money,
but likely the economy still needs that.
Otherwise I suspect that the next
president will have lots of places
to cut back.
Oh, by the way, we should not miss
that mostly or entirely, Obama
has never had a Federal budget!
So apparently he just spends money,
and when he runs out Congress gives
him some more.
One effect may be that starting
in 2016 real estate prices
within 200 miles of the
Washington Monument will
head for the floor, e.g.,
from DC beltway bandit
body shops no longer paying GED
employees up to $200,000 a year.
That area is now the
third
richest in the US, behind
Silicon Valley and
the hedge fund area of
CT. I suspect DC's going
on a diet, especially
as interest rates start to
rise!