Friday, 11 June 2004

Reagan's death

OK, he died several days before I write this, nonetheless I thought I'd say something about it. I don't really recall the Reagan era that well (I was born in 1979), so what I know of him and his Presidency I've learnt in the years afterwards. In retrospect though I don't see what the fuss is about.

In a British sense, many would argue that New Right philosophy (or Thatcherism) was necessary, given the poor economic conditions of the UK in the 1970's. Was 'Reaganomics' needed in the US? His records of GDP growth, inflation and unemployment were surpassed by Clinton in the 1990's. I believe the US national debt increased under Reagan too.

As a libertarian, I must also rebuke his foreign policy. What threat was Grenada to the US? He simply continued the trend of an interventionist foreign policy, in which numerous presidents prior to him had undertaken.

Some Americans over the Internet have told me that Ronald Reagan was the best contemporary US president. I'm not sure if I believe this, even if he did greatly aid in ending the Cold War. As I stated earlier, his economic record was bettered by Clinton.