Transcript
Item Title: A Firing Line Debate: Resolved: That Reducing the National Deficit in the Next Four Years Is a Top Priority
Guest: Buckley, William F., Jr., 1925-2008
Guest: Thurow, Lester C.
Guest: Kuttner, Robert
Guest: Davidson, James Dale
Guest: Eisner, Robert
Guest: Rudman, Warren B.
Guest: Levy, David A.
Guest: Crook, Clive
Host: Buckley, William F., Jr., 1925-2008
Moderator: Kinsley, Michael E.
Date Created: December 08, 1992
Description: Mr. Kinsley begins by recalling that Ronald Reagan, in his 1980 campaign and his first inaugural address, had spoken of deficits as "mortgaging our country's future and our children's future" and had warned of "social, cultural, political, and economic upheaval" if the national debt were not brought under control.

"Was Ronald Reagan wrong," asks Mr. Kinsley, "in what he said about the deficit 12 years ago, or was he wrong in what he did about it?"

...
Description: Mr. Kinsley begins by recalling that Ronald Reagan, in his 1980 campaign and his first inaugural address, had spoken of deficits as "mortgaging our country's future and our children's future" and had warned of "social, cultural, political, and economic upheaval" if the national debt were not brought under control. "Was Ronald Reagan wrong," asks Mr. Kinsley, "in what he said about the deficit 12 years ago, or was he wrong in what he did about it?" The usual fun & games among the debaters, but also plenty of substance on the history and theory of taxing, spending, and electing. To Mr. Thurow, "This motion is basically about an irrelevancy. There is only one task in the United States. The task is, How do you get America back on the track of raising the standard of living of everybody who is an American?" To Mr. Kuttner, "If that's the case [that 2 1/2 per cent growth is all we can normally expect], how did the OECD countries, during a period of less laissez-faire and more interventionism, how did we all manage 4 per cent growth for the quarter-century after World War II?" CC: "Well, surely the war had something to do with it. I mean, you may not have noticed but there was some reconstruction going on in Europe."

Description (cont'd): The usual fun & games among the debaters, but also plenty of substance on the history and theory of taxing, spending, and electing. To Mr. Thurow, "This motion is basically about an irrelevancy. There is only one task in the United States. The task is, How do you get America back on the track of raising the standard of living of everybody who is an American?" To Mr. Kuttner, "If that's the case [that 2 1/2 per cent growth is all we can normally expect], how did the OECD countries, during a period of less laissez-faire and more interventionism, how did we all manage 4 per cent growth for the quarter-century after World War II?" CC: "Well, surely the war had something to do with it. I mean, you may not have noticed but there was some reconstruction going on in Europe."
Theme(s): Radio & Television
Subject(s): Debts, Public ; Budget deficits ; United States ; Economic policy
Language(s): English
Country of Origin: United States
Place Recorded: Annandale-on-Hudson, New York, United States
Dimensions: Duration: 2 hrs.
Format: Moving Image, Text
Medium: television programs
Aspect Ratio:
4:3
4:3
Color:
color
color
Soundtrack:
sound
sound
Hoover ID: Program FLS114
Record Number: 80040.1210
Notes: Video available through special order.
Rights: Copyright held by Stanford University. This copy is provided for educational and research purposes only. No publication, further reproduction, or reuse of copies, beyond fair use, may be made without the express written permission of the Hoover Institution Library & Archives on behalf of Stanford University.
Collection Structure: Firing Line broadcast records > Audiovisual file > A Firing Line Debate: Resolved: That Reducing the National Deficit in the Next Four Years Is a Top Priority

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