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Tax and Spend the L.B.J. Way
Keywords:
U.S. President Lyndon Baines Johnson was committed to spending on a war overseas and domestic priorties for the Great Society program at home. Johnson struggled with Congress to meet the costs of both. He even suggested a 10% tax surcharge to pay for the war and domestic programs. Dallek says 79% of American opposed a tax increase in 1968. Republican Richard Nixon was elected U.S. president that year.
Ronald Reagan's economic policies
07/21/2011
Grouped Articles
New York Times 07/21/2011
Presidents and their Debt , FDR to Bush: FDR, Deficit Hawk
New York Times 07/21/2011
New York Times 07/21/2011
Wall Street Journal 05/26/2012
Gramm and Hubbard: What a Romney Recovery Might Look Like
Wall Street Journal 06/06/2012
FDR as fiscal conservative
07/21/2011
Historian David Kennedy on FDR saying "no dole" for Social Security and keeping deficits under control.
Grouped Articles
Presidents and their Debt , FDR to Bush: FDR, Deficit Hawk
New York Times 07/21/2011
New York Times 07/21/2011
New York Times 07/21/2011
Past U.S. Presidents, Debt, Budget Deficits and Deficit Reduction
07/21/2011
Presidents from FDR to Bush and how they handled U.S. deficit reduction. Views of historians. FDR was not the spender he is presented to be. He believed in responsible budgeting. Social Security was to be financed through contributions from employees and employers. For Social Security financing Roosevelt said: "no dole."
Grouped Articles
New York Times 07/21/2011
Presidents and their Debt , FDR to Bush: FDR, Deficit Hawk
New York Times 07/21/2011
New York Times 07/21/2011
New York Times 07/21/2011
Washington Post 08/07/2011
Wall Street Journal 02/14/2012
The U.S. Constitution provision in the Fourteenth Amendment and the U.S. debt ceiling
07/07/2011
Constitutional scholar Lawrence Tribe says the President would be violating powers given to Congress on public debt if he were to ignore the debt ceiling by citing the constitution. Even if the issue was then resolved by the Supreme Court the damage will have been done as interest rates on U.S. debt would have jumped by then. Tribe quotes Justice John Marshall that "the constitution is not a panacea for every blot on the public welfare." And suggests that Obama's own words about the constitution's function being " to force us into a conversation" about the future," show that the direction to take is to go back to working out the debt ceiling agreement through talks.
Grouped Articles
We Cannot Pretend the Debt Ceiling Is Unconstitutional
New York Times 07/07/2011
The Elmendorf Rule - The Washington Post
Washington Post 07/09/2011
Mr. Obama’s debt deal advice: Give peas a chance - The Washington Post
Washington Post 07/12/2011
Wall Street Journal 07/12/2011
Debt Talks Reflect Tensions Between GOP Leaders
Wall Street Journal 07/12/2011
Budget Talks Beginning to Take On a Testy Air
New York Times 07/11/2011
Interview with George Shultz, Reagan economic advisor and Secretary of State on the way out of the U.S. economic crisis
07/21/2011
The WSJ's Robert Pollock's interview with George Shultz. Advice on the Romney Plan.
Grouped Articles
New York Times 07/21/2011
George Shultz: Memo to Romney — Expand the Pie
Wall Street Journal 07/14/2012
Martin Feldstein: Romney's Tax Plan Can Raise Revenue
Wall Street Journal 08/28/2012
The Magnitude of the Mess We're In
Wall Street Journal 09/16/2012
The Romney Cure for Obama-Induced Economic Ills
Wall Street Journal 10/03/2012
Romney benefits from rigorous defense of tax plan - The Washington Post
Washington Post 10/06/2012
LBJ, the Great Society, Vietnam War and deficits
07/21/2011
Grouped Articles
New York Times 07/21/2011
Will Syria Be Obama’s Vietnam?
New York Times 10/07/2014
L.B.J. and Truman: The Bond That Helped Forge Medicare
New York Times 02/28/2015
The U.S. political system, politics and the U.S. Deficit in 2010-2013
12/30/2010
Republican positions that do not require offsets for tax reduction, and Democratic positions that go along with the status quo. The politics behind the debt ceiling talks as President Obama seeks re-election and advantage going into the election, and the conservative Republicans oppose any tax increases.
Grouped Articles
Budget Shell Games Are Contrary to Law
Wall Street Journal 07/14/2011
GOP Hopefuls Betting Voters Want Deep Cuts
Wall Street Journal 07/18/2011
Why we need a third party - The Washington Post
Washington Post 09/26/2011
Bob Woodward: The inside story of how Obama and Boehner negotiate - The Washington Post
Washington Post 09/07/2013
Wall Street Journal 10/10/2013
Why Democrats Are Dug in on Shutdown Impasse
Wall Street Journal 10/14/2013
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