Were Reagan and Bush 43 modern monetarists?

[darklordoftech]

They gave us two of the biggest deficits in history.

[136or142]

Reagan was a 'supply sider.'  Bush43 worried about deficits, so he was a monetarist.

[All Along The Watchtower]

Bush43 worried about deficits

wait what

[Fuzzy Says: "Abolish NPR!"]

They just did what was needed to get through the night.  Or through their terms.

[136or142]

Bush43 worried about deficits

wait what

Oops, I was thinking George H W Bush.  Sorry.  George H W Bush was probably the only Monetarist President. There were prior Republican Presidents like Eisenhower who were concerned about deficits, but Eisenhower pre-dated the existence of Monetarist theory.

If the poster is referring to Modern Monetary Theory, then yes, defacto (virtually) all Congressional Republicans are austerity favoring Monetarists when a Democrat is President, but argue at least partially based on MMT for tax cuts when a Republican is President.

[raymundoflx]

They gave us two of the biggest deficits in history.

[Karpatsky]

As with Trump, 'just let the next guy deal with it' isn't an economic theory.

[Person Man]

As with Trump, 'just let the next guy deal with it' isn't an economic theory.

Which is great but he was hired to deal with it even though it wasn't really a problem. It may ultimately not be a problem.