Preview

What Are The Five Major Strands Of Conservatism

Good Essays
Open Document
Open Document
1323 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
What Are The Five Major Strands Of Conservatism
Peter Scorzelli
Exam 3: HIST 1502
Matthew Tribbe, Orlando Deavila
December 10, 2014
Opening the Door to a Conservative Future
Founded on the idea of a government “by the people, for the people,” American politics display this ideal, with citizens choosing leaders who reflect the view of the public and share the same vision for the country’s future. The late 1960’s into the 1980’s marked the beginning of a major political shift in America. Voters grew tired of the Democratic administration’s failing economic policy and feared the rising international tensions. In 1980, the American public decided that they were not “better off than four years ago,” and elected Ronald Reagan fortieth President of the United States. The country’s shift to
…show more content…
Bringing together the views of the five major strands of conservatism allowed for a larger support group rallying behind one candidate, and a platform acceptable to more moderate Americans, who previously may have seen conservatism as too extreme. Major aspects of this new conservatism were lower taxes and less economic regulation. Conservatives advocated for a small federal government and emphasized traditional “family values.” The new conservatism failed to address civil rights issues in an effort to attract voters who did not support the liberal push for equality. Additionally, Reagan began to attract Democrats who felt that their opinions were not being addressed within their own party. These Reagan Democrats identified with conservative ideas of more traditional family values, increased national security, and lack of support for civil rights, among others. Internationally, conservatives’ main concern was a strong national defense force, and a strict stance against the Soviet Union. These conservative values are summarized in the opening paragraph of Reverend Jerry Falwell’s “Listen America:”
[Young people] have learned to disrespect the family as God has established it… They have been taught that the Bible is just another book of literature… They have been introduced to the drug culture… These same young people have
…show more content…
During his time as president, Reagan brought about significant change, which diverted the course of American history. Reagan’s economic policy, labeled “Reaganomics,” shifted the focus from providing financial support to consumer, and moved towards benefits for producers. Easing the burden on producers allows for more production at lower cost, leading to lower prices to the consumer, and more job opportunities in production fields. Known as supply-side economics, the idea is that benefits at the production level will be passed down the food chain to consumers, benefitting everyone in between. In theory, the tax cuts would spur significant economic growth, so much so that the lower tax rates would actually bring in more tax revenue. Another aspect of Reaganomics is the rolling back of economic regulations, or as Reagan put it in his inaugural address, “removing the roadblocks that have slowed our economy and reduced productivity”(Reagan 297). Reagan cut funding to agencies such as the Occupational Safety Hazard Administration, Environmental Protection Agency, and other agencies which interfered with businesses efficiency. Reagan also appointed conservatives to run these agencies and minimize their ability to function. In order to encourage a more free market, Reagan showed that his administration

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Reaganomics Economic. Reagan plans to fix the economic problems. Cost of taxes, government size, and certain control over businesses. To use deregulation so people had more money.…

    • 190 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Reagan had much more success in implementing his taxation policy than he did reducing spending. As mentioned earlier, during Reagan’s presidency the top federal marginal tax rate was reduced from 70 % to 28 %. Furthermore, the corporate tax rate was reduced from 48 % to 34 %. Individual tax brackets were Individual tax brackets were also indexed for inflation. Reagan didn’t just cut taxes, however.…

    • 191 Words
    • 1 Page
    Good Essays
  • Good Essays

    Ronald Regan begins his first term of presidency in 1981, Regan who took charge of the white house was facing a country with a deteriorating economy. Regan had a clear plan in mind in reconstructing past policies in order to improve the current state of the country by executing “Reaganomics”. Reaganomics is an economic policy that reduces taxes on the upper-income brackets that would boost the investment and economic growth. Under this policy, it has not only controlled the inflation but has brought in a greater number of investors which certainly created more jobs for the people hence a higher employment rate in the country. Although, policies in the Great Society spending has cut down, however, policies such as Social Security and Medicare…

    • 153 Words
    • 1 Page
    Good Essays
  • Good Essays

    During Reagan’s presidency from 1981-1989, he was able to accomplish many things such as boosting the economy, strengthening national defense, and reducing the power of the federal government. When the economy was in its worst recession since the Great Depression, Reagan decided to cut taxes and government spending on social programs; however the tax cuts mostly helped the rich and cutting welfare hurt the poor. On the other hand, his deregulation, domestic spending restraint, and tax cuts helped lead to an economic boom that lasted two decades. Reagan was still able to eliminate many deductions and exempt millions of people with low incomes. He was also able to slow the pace of inflation. The supply-side economics…

    • 305 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    When Ronal Reagan took office the economy was at a low with high interest rates and inflation at the highest since the 1940s. Reagan vowed to cut taxes, increase defense spending, and balance the budget. President Reagan’s economic policies would come be known as Reaganomics. He promised to protect programs such as Medicare and Social Security while cutting the outlays for social programs by targeting waste, fraud, and abuse (National Archives and Records Administration, n. d.). Reagan’s policies were based on supply-side economics where tax cuts for the wealthy and business would trickle down to the poor.…

    • 201 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    When Ronald Reagan took over the leadership of the United States in 1981, he inherited an economy that was in terrible shape Reagan promised to restore prosperity by getting the government off the backs of the American people by cutting taxes and deregulating the economy. While Reagan was able to implement those policies only imperfectly, his broad vision proved quite fascinating . Reagan's faith in his free-market principles proved to work, helping to restore confidence in the future of the American economy even through a trying recession that lasted well into 1982. And after 1982, Reagan's faith was rewarded with a long and strong economic boom, driven by the greatest bull market seen on Wall Street since the 1920s. The Reagan Era, which…

    • 139 Words
    • 1 Page
    Good Essays
  • Satisfactory Essays

    Ch 23 Study Guide

    • 473 Words
    • 2 Pages

    ➢ What was the catalyst for the rise in conservatism in the late 1970s and early 1980s? (740)…

    • 473 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    He passed three key economic policies to the good of the country right away, which are known as the Reagan Revolution. He cut taxes 25% plus over a few years. This was to increase federal revenue by producing new investments. These revenues should have in turn end up being more jobs for the lower classes; thus, being known as the supply-side economics. Next, he made cuts in welfare, unemployment compensation, and food stamps.…

    • 561 Words
    • 3 Pages
    Good Essays
  • Good Essays

    According to Ronald Reagan Presidential Foundation and Library, “When Ronald Reagan took the oath of office as America’s 40th President on January 20, 1981, the country was experiencing some of bleakest economic times since the Depression. Taxes were high, unemployment was high, interest rates were high and the national spirit was low.” Reagan’s Economic Recovery Tax Act was the first major legislation passed in his first term as the President of the United States. It was passed in 1981 and is also known as ERTA. This law lowered income tax rates and allowed for the expensing of depreciable assets. The tax act also greatly helped small businesses and individuals. They benefited from special tax treatment, accelerated capital recovery, and being allowed to merge. ERTA is most known for its large reduction in personal income tax rates across the board (Schein, 2015). Reagan’s Economic Recovery Tax Act was supposed to create jobs by reducing tax rates, therefore restoring the incentive to create jobs for people. It was supposed to help improve the economy by reducing individual income tax rates, helping small businesses thrive and allowing them to save money, and creating jobs though those reduced tax rates.…

    • 605 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The Laffer curve is in view of the philosophy that the administration ought to give an atmosphere in which the motivators for people to seek after their own financial advancement wouldn’t be obstructed by legislative exhausting, spending, regulations, and/or fiscal strategies. It is likewise in view of supply-side economics. Supply-side economics was a monetary approach intended to fortify yield and decrease unemployment by expanding production value of the economy. It permitted the free market to assume a much more prominent part in the economy while the administration tackled a lesser part. The Reagan organization trusted that tax and spend approaches prompted a feeble economy. As needs be, they passed the Tax Reform Act of 1986 which diminished individual income tax liabilities and raised corporate income tax liabilities. They likewise passed ERTA. ERTA gave a quarter cut in individual marginal tax rates over a time period of 3 years. It set an indexing of individual sections, individual exceptions, and standardized reductions; it lessened every individual citizen’s tax amounts and gave rate decreases for poor and white middle-class earnings surpassing those given to the wealthy. Except for the ERTA, all the tax alterations amid the 8 years of Reagan’s presidency were unmistakably driven towards the richest individuals and…

    • 1502 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    Ronald Reagan changed the economy greatly with his new tax cuts called Reaganomics. ‘’Reagan believed that tax cuts encouraged economic expansion enough to eventually broaden the tax base.’’ (http://useconomy.about.com/od/policies/p/President-Ronald- Regan-Economics-Policies.htm) Reagan eventually cut income taxes from 70% to 28% while he was in his presidency. While he was at it he cut cooperate tax rates from 48% to 34%. Ronald Reagan reduced government spending and regulations on gas and oil, cable television, long distance phone calls, and as well as the interstate budget. President Ronald Reagan doubled the percentage of trade…

    • 489 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    One of the most significant factors of Ronald Reagan’s first, few months in office was his courageous effort to transform the country’s economic policies. Reagan’s administration created a policy called “Reaganomics”, or “trickle-down” economics, which sought to cut taxes for the upper, middle, and lower classes to stimulate the economy. He reduced taxes to return the wealth to the working middle class. Instead of handing…

    • 681 Words
    • 3 Pages
    Good Essays
  • Good Essays

    During the late 1960s to 1980, conservatism in America manifested as a response to social, political, and economic shifts, catalyzed by events such as the election of Richard Nixon in 1968. Nixon's presidency marked a conservative shift, emphasizing law and order, which resonated with many citizens seeking stability. Moreover, the Southern Strategy aimed to appeal to white voters in the South, reshaping the electoral landscape by avoiding racial integration. The rise of the religious right in the 1970s, focusing on issues like evangelical activism and the opposition to abortion in cases like Roe v. Wade, further exemplified conservative values gaining prominence during this period. Nixon's "New Federalism" significantly impacted both federal…

    • 251 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Reagan was one of the more prominent conservative presidents since he was one of the first representations of the ideals that come with conservatism. One of the main ideals that conservatives have is that they are opposed to high taxes and the transfer of money and wealth since they believe that it takes power away and lowers their standing in the world. During one of Ronald Reagan’s address to the public he explains his idea and purpose for his new bill, “our purpose was to provide incentive for the individual, incentives for business to encourage production and hiring of the unemployed, and to free up money for investment” (Doc 3). During his speech Reagan made a pledge to the people that he would reduce government spending, income taxes…

    • 143 Words
    • 1 Page
    Good Essays
  • Good Essays

    Basketball is a common sport around the nation. It has an offense and a defense like any other sport does. The players have to make the shots to gain the points within the four quarters. It's not that easy to just make shots, there's certain plays and a way to set up each play to make a basket, or also defend your basket. Each position has its own importance on the field and nothing like a little teamwork will get the job done. There are three main positions to make up an offense or defense play, which are the posts, wings, and the guard.…

    • 644 Words
    • 3 Pages
    Good Essays