The Last Jeffersonian

Ronald Reagan's Dreams of America

"I heard story after story of someone taking an idea to the bank, borrowing, working hard, then experiencing the joy of seeing a business flourish. They were just ordinary Americans who had had an idea or a dream or a longing for economic independence, and they had gone after it. They had taken risks, worked, and realized their goal. Not all of them succeeded, but America gave every one of them the opportunity to fulfill their dream."


From Chapter Six

Dreams of Wealth


Here is another excerpt from the book. Chapter five and chapter six go together as a pair. As with most of the other chapters, they bring out important themes and ideas in Reagan's thinking:

Reagan didn’t say that money makes people happy. He did remind people that money means freedom. It frees people from doing something they don’t want to do eight hours a day just to survive. People of independent wealth are not beholden to anyone for their livelihood.

Reagan didn’t put it quite this way, but when he talked about freedom and dignity, one of the things he wanted to do was give everyone a chance to achieve that kind of independence. At the least, people should be able to earn their livelihood doing something they would want to do even if they weren’t paid for it. For many, possessing enough wealth to be free from having to work at something you don’t care to do is a dream deferred. The focus on building enough wealth for retirement indicates that if you can’t be free for most of your life, at least you can be free at the end of it.

Reagan said on several occasions that when Gorbachev visited the United States, he’d like to take him up in a helicopter to show him how well Americans lived. His Soviet guest could see the single-family homes, two cars in each driveway, a backyard with space for children to play, and, in some parts of the country, a swimming pool. Reagan said he wanted to show Gorbachev that when it came to providing for people’s needs and comfort, the American way was better than any other.

Whether Gorbachev would have been impressed is doubtful, but Reagan’s desire reveals his straightforward approach to these matters. Years after Krushchev said, “We will crush you,” both sides understood him to mean that the winner of the Cold War would be decided in large part by the degree of wealth each side was able to produce. For Reagan, the proof appeared outside the helicopter window—the United States was richer and Russia should concede the contest. The United States had to win because its wealth came from the efforts of individuals who decided for themselves what to produce.

Richard Darman, Reagan’s budget director, said that to understand Reagan, “you have to realize he is not a Republican and not a conservative.” To understand him, Darman continued, you should realize he is a man with a populist temperament and a populist outlook:

"The populists were people who were not poor but who were often lower-middle class or working class. They were people with just enough money to stick their heads up, look around, and feel certain feelings. They were people who always thought someone or something was keeping them from getting ahead, from achiev­ing in some way. They were resentful. It is partly a resentful movement. But they were also hopeful. They believed in America and the American dream; they came from people who packed up in Europe or wherever and took a dangerous journey across the ocean, often alone, in search of a better life. That is not the action of someone who is demoralized or driven into helplessness by circumstances. It is a profoundly hopeful act."


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