Fred Barnes writes for The Weekly Standard that he believes the 40th president would approach the debt-limit debate in a similar manner to that employed by House Speaker John Boehner, since “Reagan never let the perfect or the unattainable keep him from achieving the good.”
Would Reagan support the Boehner plan for cutting spending while agreeing to a hike in the debt ceiling? I think so. He would see it as the best deal that’s attainable at the moment. Sure, he would favor deeper cuts, lower spending caps, and a balanced budget amendment, too, but he would recognize those can’t pass now. He wouldn’t let his pursuit of them keep him from achieving something substantial now.
By first grabbing what he could, Reagan opened the way to driving tax rates down later to the level he wanted all along. The result: an economic boom that lasted for a quarter century. He accepted a tradeoff between military and domestic spending. The result: we won the Cold War.
Lots of politicians are smart. Reagan was wise. He knew that, in politics, you never get everything you want in one swoop. You take what you can get now and, if all goes well, come back for the rest later.
It’s fine to stand on principle. You’d be hard pressed to name a Republican leader who was more principled, as a conservative, than Reagan. But Reagan applied his principles over the long run, and that’s why he achieved so much.
