The Humble Libertarian

Building a small army to take over the world and... leave everybody alone.

Thursday, July 12, 2012

What Went Wrong with the Republican Party? Reagan Ruined the Republican Party and Fiscal Conservatism

Lew Rockwell published this gem of a 1992 piece by Murray Rothbard describing the fall of the Republican Party as fiscal conservatives. The article documents the turning point of the Republican Party under Reagan. Frankly, I never understood why Reagan is so revered by Republicans. Reagan massively increased spending and taxes. In many way, the Reagan era paved the way for the Republican Party nightmare that currently exists - nothing but a party of one big socialist spending orgy. As it turns out, the Gipper was one big graft machine who loved big government.
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