Bruce Bartlett on Richard Nixon

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Although Johnson was done in by Vietnam, his domestic liberalism was as popular in 1968 as the New Deal had been in 1952. Nevertheless, conservatives deluded themselves that Nixon would repeal the Great Society. But just as Eisenhower cemented the New Deal in place, Nixon accepted the legitimacy of the Great Society. His goal was to make it work efficiently and shave off the rough edges. Nixon even expanded the welfare state by expanding its regulatory reach through the Environmental Protection Agency and other new government agencies. Conservatives were infuriated by Nixon’s betrayal, but lacking control of Congress they were stuck with him just as they had been with Eisenhower. Not very many were upset when Watergate pushed Nixon out of office.
Thus Obama took office under roughly the same political and economic circumstances that Nixon did in 1968 except in a mirror opposite way. Instead of being forced to manage a slew of new liberal spending programs, as Nixon did, Obama had to cope with a revenue structure that had been decimated by Republicans. Liberals hoped that Obama would overturn conservative policies and launch a new era of government activism. Although Republicans routinely accuse him of being a socialist, an honest examination of his presidency must conclude that he has in fact been moderately conservative to exactly the same degree that Nixon was moderately liberal.