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Program NumberS0492
TitleA Firing Line Debate: Resolved: That This House Approves the Economic Initiatives of President Reagan-Part I
PBS Number1127
ModeratorRichardson, Elliott L., 1920- , holder of myriad posts in Republican Administratio
HostBuckley, William F. (William Frank), 1925-2008.
Guest(s)1) Buckley, William F. (William Frank), 1925-2008.  - For the Affirmative.

2) Bleiberg, Robert.  - For the Affirmative. Editorial Director and Publisher of Barron's

3) Laffer, Arthur.  - For the Affirmative. Professor of Business Economics at the University of Southern California

4) Galbraith, John Kenneth, 1908-  - For the Negative. Professor Emeritus of Economics at Harvard University, author of Annals of an Abiding Liberal

5) Lekachman, Robert.  - For the Negative. Professor of Economics at Lehman College

6) Oakes, John B.  - For the Negative. Former Editorial-Page Editor of the New York Times

Taped onJan 7, 1982 (Harvard University, Cambridge, MA)
Broadcast DateJan 17, 1982
Duration60 minutes (or hh:mm:ss)
YouTube Video

no YouTube clip available

SummaryAt the end of Ronald Reagan's first year in the White House, an energetic debate before a Harvard audience. Two samples: WFB: "The moral question to one side, [the notion] that by freeing the more wealthy you are damaging, pari passu, the less wealthy is economically illiterate. During President Carter's last year we were running at an inflation rate of 13 per cent and achieving a negative growth rate. Inflation does not, noblesse oblige, decline to afflict poor people." ... JKG: "Let us cease to think of economic policy as a matter of liberalism or conservatism and retreat from hope and fantasy to arithmetic. It's better, let us realize, to pay taxes than to suppress investment with high interest rates. A balanced budget is better than a big deficit that must be financed at high interest rates with further adverse effects on investment."
Subject Heading(s)United States--Economic policy--1981-1993.
United States--Social policy--1980-1993.
Supply-side economics--United States.
Reagan, Ronald.
Related Document(s)Type(s): Transcript
Type(s): Transcript, research materials, news releases, photos, credits
Type(s): Transcript
Purchase show Program is unavailable on DVD at this time.
Transcript Download transcript (80040_s0492_trans.pdf)







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