Word: goldwaterism
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RELEASED. BARRY GOLDWATER, 87, conservative icon and former Arizona Senator; from a Phoenix hospital following treatment for a minor stroke.
The third major transformation has to do with our political system itself. For the past 60 years, the political debate in our nation has revolved around the same thesis of New Deal liberalism proposed by Franklin Roosevelt and expanded by Lyndon Johnson. The antithesis was the conservative critique created by...
RECOVERING. BARRY GOLDWATER, 87, former Senator; from a "very minor" stroke; in Phoenix, Arizona.
Whatever else it was, the Reagan Revolution was indeed a 180 degrees turn in the party's views of deficit spending. For more than a century the G.O.P. had been the party of balanced budgets. Goldwater actually opposed Kennedy's 1963 tax cut on the grounds that spending cuts had...
The 25% Kemp-Roth cut approved in the first year of Reagan's presidency failed to produce revenue in anything like the amounts the theorists had projected. Meanwhile, throughout the Reagan years, though discretionary spending dropped by more than a third, not a single major federal spending program was eliminated...