The Prospects for Reaganomics II

Paul Craig Roberts

If Reagan is to achieve anything in his second term, the first thing he must do is acquire some help. He has suffered through four years with senior White House aides, Council of Economic Advisors (CEA) chairmen, and a budget director who do not echo his beliefs and who have no confidence in his policies. Conservatives might enjoy their righteous indignation at Tip O’Neill and the Democrats for “sabotaging Reagan.” but most of the problem is in the Reagan Administration itself. Indeed, it is not at all clear that the Reagan Revolution will survive Reagan’s re-election.

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Paul Craig Roberts

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Paul Craig Roberts

If Reagan is to achieve anything in his second term, the first thing he must do is acquire some help. He has suffered through four years with senior White House aides, Council of Economic Advisors (CEA) chairmen, and a budget director who do not echo his beliefs and who have no confidence in his policies. Conservatives might enjoy their righteous indignation at Tip O’Neill and the Democrats for “sabotaging Reagan.” but most of the problem is in the Reagan Administration itself. Indeed, it is not at all clear that the Reagan Revolution will survive Reagan’s re-election.