John F. Kennedy Liberal Democrat

John F. Kennedy Liberal Democrat
Source: U.S. Senator John F. Kennedy in 1960

Friday, October 3, 2014

Market Ex: Video: President Dwight Eisenhower on the American Safety Net

This post was originally posted at FRS Daily Times on WordPress, August, 2013

Dwight Eisenhower certainly wasn’t a Tea Party Republican economically or anything else. Whatever a Tea Party Republican is supposed to be, because there are many types. But Ike was not a classical conservative economic libertarian Tea Party Republican. Not a Rand Paul Conservative Libertarian, which is what I’m getting at. But more like a Newt Gingrich Republican at least when it came to economic policy or what they use to call in Canada a Progressive Conservative. 

Progressive Conservatives believe in the basic safety net for people who needed it, including the New Deal. But someone who also believed in freedom when it came to economics as well as personal freedom. Someone who didn’t want a big welfare state for America. Someone who believed that Americans should have the freedom to be able to do as much for themselves as possible. 

That the safety net are for those people who needed it. He certainly wasn’t a Social Democrat or Democratic Socialist, which are very common in Europe. But someone who believed in using conservative principles to accomplish progressive goals. That you needed both freedom and a safety net for the country to be as strong as possible economically. 

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