Popularized by Richard Viguerie, the term became later used to describe a broader movement in the English-speaking world: socially conservative proponents of the nig… Reductions in social welfare spending heightened the impact of the recession on ordinary people. Ronald Reagan and wife Nancy Reagan waving from the limousine during the Inaugural Parade in Washington, D.C. on Inauguration Day, 1981. Harkening back to Jeffersonian politics of limited government, a viewpoint that would only increase in popularity over the next three decades, Ronald Reagan launched his campaign by saying bluntly, “I believe in states’ rights.” Reagan secured the presidency through appealing to the growing conservatism of much of the country. The Senate voted unanimously to condemn the plan, and Democrats framed it as a heartless attack on the elderly. Public support swelled for the hospitalized president. Reagan secured the presidency through appealing to the growing conservatism of much of the country. Vice president George H.W. Keynesian logic viewed tax cuts as inflationary, stifling the economy. They defended military intervention abroad, unlike the Old Right which was an Isolationist movement. Congress had followed Reagan’s lead by reducing funding for food stamps and Aid to Families with Dependent Children, eliminated the CETA program and its 300,000 jobs, and removed a half-million people from the Supplemental Social Security program for the physically disabled. Wikimedia. They defended a very strict respect of the Constitution. Congress ultimately approved a $675-billion tax cut in July 1981 with significant Democratic support. Confronted with recession and harsh public criticism, a chastened White House worked with Democratic House Speaker Tip O’Neil in 1982 on a bill that restored $98 billion of the previous year’s tax cuts. But Republican Congressman Jack Kemp, an early supply-side advocate and co-sponsor of Reagan’s tax bill, promised that it would unleash the “creative genius that has always invigorated America.”. Despite compromising with the administration on taxes, Democrats railed against the so-called “Reagan Recession,” arguing that the president’s economic policies favored the most fortunate Americans. The resulting wealth would “trickle down” to lower-income groups through job creation and higher wages. Bush had belittled supple-side theory as “voodoo economics” during the 1980 Republican primaries. Meanwhile, Federal Reserve Chairman Paul Volcker continued his policy from the Carter years of combating inflation by maintain high interest rates—they surpassed 20% in June 1981. The word "New Right" appeared during the 1964 presidential campaign of Barry Goldwater to designate "the emergence, in response to liberalism (in the American sense of the term [i.e. In his first inaugural address Reagan proclaimed that “government is not the solution to the problem, government is the problem.” In reality, Reagan focused less on eliminating government than on redirecting government to serve new ends. The New Right in Power. The tax cut faced early skepticism from Democrats and even some Republicans. Nevertheless, the president ordered the union’s striking air traffic controllers back to work and fired more than 11,000 who refused. How do I determine the molecular shape of a molecule? Reagan’s actions crippled PATCO and left the American labor movement reeling. 314 views The cuts exacted an especially harsh toll on low-income communities of color. social liberalism]), of an uninhibited right: ultraconservative, imbued with religious values, openly populist, anti-egalitarian, and intolerant of racial desegregation." They supported the Vietnam War in opposition to Communism as part of the Cold War. As Reagan ratcheted up tension with the Soviet Union, Congress approved his request for $1.2 trillion in new military spending. During the 1980 campaign, Reagan had wooed organized labor, describing himself as “an old union man” (he had led the Screen Actor’s Guild from 1947 to 1952) who still held Franklin Roosevelt in high regard.

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