Joe Ricketts, Reagan Republican | Bleader

Tuesday, November 16, 2010

Joe Ricketts, Reagan Republican

Posted By on 11.16.10 at 01:38 PM

Sign up for our newsletters Subscribe

In his anti-earmarks video that's caused such a stir today, Ricketts family patriarch Joe Ricketts says that he was a Kennedy Democrat who became a Republican because Reagan cut spending, and then became an independent because George W. Bush increased spending.

That's not really historically accurate. Deficits have increased under Republican administrations since Truman, but that's not a complete picture either; the deficit under Reagan looks bad in part because the recession dropped revenues during the early years of his administration. If you scroll down to spending, you may note that the combined efforts of the administrations of George H. W. Bush and Bill Clinton actually brought government spending under 20% of GDP for the first time since the Nixon administration. If you want to really get deep in the weeds, this (PDF) from the GPO is a wealth of information on the US budget over different historical periods.

Comments

Subscribe to this thread:

Add a comment

More by Whet Moser

  • —30—

    A farewell, and some favorite pieces from the Reader.
    • Jan 14, 2011
  • The Very Political Life of Bill Daley

    Bill Daley: lifetime centrist
    • Jan 14, 2011
  • The Hidden Hands

    The Hidden Hands

    In every successful campaign—and every dud—pros are masterminding and organizing from offstage. Meet the people behind six mayoral candidates.
    • Jan 13, 2011
  • More »

Agenda Teaser

Music
Tegan and Sara Cahn Auditorium, Northwestern University
October 15
Performing Arts
The Great Leap Steppenwolf Theatre Company, Upstairs Theatre
September 05

Tabbed Event Search

The Bleader Archive

Popular Stories