Tuesday, April 30, 2013

Reagan vs. FDR

In Reagan's inaugural address in 1981, he praises individual liberty and criticizes big government with its taxes and spending for economic inflation and unemployment.  He says government is the problem, not the answer to the problems.  While reading his address, I could not help but think of FDR and his "fireside chats" via radio, that addressed the American public during a time of economic crisis too.  Both were strong and memorable leaders that led the country out of economic downfall.  However, their solutions to the country's economic problems were opposite.  FDR argued that businesses, capitalism and the elite were in fact the problem, and that government was the solution that had to override and save the economy.  Reagan captured the conservative economic principles of a free market with less regulation and limited government, while Roosevelt implemented big government programs and stimulus plans.  Even though Roosevelt's presidency and policies were forty-some years before Reagan, I could not help but compare the two due to their charisma and speech-making capabilities.  I feel like today we face the same problems with our economy.  Last year, Romney ran his campaign on the premise that federal spending had to be cut and taxes had to decrease.  Is big government the solution or is its counter of smaller government interference a better way to go?  The issue seems highly partisan.  Though it depends on the context of the time period and other factors, this is a huge belief that marks the liberal vs. conservative ideologies.  This is why Reagan's economic policies distinguished him as a viable conservative politician.


1 comment:

  1. Hannah,

    Great analysis! Excellent comparison and perceptive observations.

    4

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