Little Republican Party History
Protectionist, big government "New Deal" type policies, are a few apat descriptions of the original elephant party. The Republicans of Clay and Lincoln resemble the Democrates today, so is it any surprise that it appears that the Republicans are returning to their roots???
The flurry of laws, regulations and bureaucracies created by Abraham Lincoln and the Republican Party during the early 1860s is similar to that of Franklin D. Roosevelt’s “New Deal” for their volume,scope and questionable constitutionality. In fact, the term “New Deal” was coined in 1865 by Daniel Elazar, a newspaper editor in Raleigh, North Carolina, with the objective of putting Lincoln and the Republican Party platform in a favorable light and persuading North Carolinians to rejoin the Union. Protectionism was Job One for the early Republicans. They passed the Morrill Tariff, which raised levies on manufactured imports to extremely high levels. The policies of the early Republicans, like those of their presentday counterparts, yielded large budget
deficits.
How, then, did the Republican Party gain the reputation as a free-market, limited-government party? In part, because Democrats upped the ante with the anti-market policies of Roosevelt’s New Deal. Another reason is that historians confused Republican support for the cowboy capitalism of the 19th-century robber barons with pro-market policies. But allowing a free market in government favors is hardly the sort of laissez-faire policies
favored by free-market economists or libertarians.
Protectionist, big government "New Deal" type policies, are a few apat descriptions of the original elephant party. The Republicans of Clay and Lincoln resemble the Democrates today, so is it any surprise that it appears that the Republicans are returning to their roots???
The flurry of laws, regulations and bureaucracies created by Abraham Lincoln and the Republican Party during the early 1860s is similar to that of Franklin D. Roosevelt’s “New Deal” for their volume,scope and questionable constitutionality. In fact, the term “New Deal” was coined in 1865 by Daniel Elazar, a newspaper editor in Raleigh, North Carolina, with the objective of putting Lincoln and the Republican Party platform in a favorable light and persuading North Carolinians to rejoin the Union. Protectionism was Job One for the early Republicans. They passed the Morrill Tariff, which raised levies on manufactured imports to extremely high levels. The policies of the early Republicans, like those of their presentday counterparts, yielded large budget
deficits.
How, then, did the Republican Party gain the reputation as a free-market, limited-government party? In part, because Democrats upped the ante with the anti-market policies of Roosevelt’s New Deal. Another reason is that historians confused Republican support for the cowboy capitalism of the 19th-century robber barons with pro-market policies. But allowing a free market in government favors is hardly the sort of laissez-faire policies
favored by free-market economists or libertarians.
posted by Champion at 12:22 AM
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