Reagan Was a Keynesian

Reagan, not Obama, was the big spender. While there was a brief burst of government spending early in the Obama administration - mainly for emergency aid programs like unemployment insurance and food stamps - that burst is long past. Indeed, at this point, government spending is falling fast, with real per capita spending falling over the past year at a rate not seen since the demobilization that followed the Korean War. Why was government spending much stronger under Reagan than in the current slump? “Weaponized Keynesianism” - Reagan’s big military buildup - played some role. But the big difference was real per capita spending at the state and local level, which continued to rise under Reagan but has fallen significantly this time around. … if you want to see government responding to economic hard times with the “tax and spend” policies conservatives always denounce, you should look to the Reagan era - not the Obama years.

The current GOP is so far removed from the GOP under Reagan it is almost unrecognizable.