Free Market Principles Quotes
He had just retired after 24 years in Congress.
The Republicans had lost the 1960 Presidential election narrowly with the moderate wing of the party in control. Goldwater argued that to win, the appeal must be much more conservative and that what characterized the campaign with the right wing of the party in control. This time, the Republicans were trounced by one of the largest margins in history.
This quotation illustrates the early Ronald Reagan administration who were very ideological—so much they would not even recognize the Chrysler bailout policy results as a success and take some of the credit for saving a major American corporation. (Even though most economists and political pundits gave them credit for a large success.) As the pressures of the national and world problems pressed on them, the President became much more pragmatic although some of his team were still zealous ideologues.