Letters to the Editor

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POLITICS: Pragmatism in short supply today

Letter by Gordon Gipson, Lake Tapps on Jan. 5, 2012 at 4:33 pm with 6 Comments »
January 6, 2012 11:06 am

Everyone has biases. Unfortunately, allowing one’s bias to dictate the sole source of data one takes in will result in flawed results.

For example, those who credit President Ronald Reagan with lowering taxes and thereby turning around a bad economy during the 1980s fail to take into account the fact that he also signed off on at least eight tax increases during his time in office.

In 1981, he signed one of the largest tax breaks ever. In 1982, the deficit was growing out of control. Reagan was pragmatic enough to realize tax breaks were not going to turn things around, so with teamwork from Congress he signed the first of eight tax increases spaced over the next six years, including the largest increase to business sense World War II.

While these increases were not the sole reason the deficit was reduced and the economy improved, those increases in revenue are credited as a key part of the turnaround.

Although I did not agree with all of Reagan’s decisions ( I never agree with all of the decisions of any president), one of the reasons I liked him was that he remained pragmatic. The divisive nature of today’s politics needs to change if a faster turnaround is to be achieved.

Leave a comment Comments → 6
  1. ItalianSpring says:

    Liberalism has been in huge supply since far before Reagan. Looks like liberalism’s chickens are coming home to roost. Too bad we get to experience it with them.

    4 more years! 4 more years! 4 more years! Right?

  2. hansgruber says:

    “not the sole reason the deficit was reduced”

    Gordon, the defict increase by $1 Trillion under Reagan’s 8 years. The last time the National Debt went down over the course of a Fiscal year was 1956 under Eisenhower.

    I liked Reagan too and yes he raised taxes, just every President has raised taxed, even our current President.

    I agree that Pragmatism is in short supply but for different reasons than you.

  3. concernedtacoma7 says:

    Increases in revenue for the govt turned the economy around? Please explain that one further? You are rewriting history.

  4. Vox_clamantis_in_deserto says:

    +1, hansgruber, you beat me to it. Kinda spoils the whole pretext of the letter. And I might add that a tax on business “sense” would certainly be less painful than one on business cents.

  5. The myth of Reagan is nothing like the reality that has been imagineered by conservative ideologues.

  6. er….that should read:
    The reality of Reagan is nothing like the myth that has been imagineered by conservative ideologues.

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