In 1964, I was in high school. As a Catholic, I had been allow to bask in the glow of the first Catholic to be elected President of the United States. During a math exam, the glow was extinguished. Camelot was no more. One year later, Barry Goldwater was a conservative and he wanted to be President. Today, Goldwater would be considered a moderate. He wanted what was best for the United States. He was ridiculed when his slogan was tampered with by the ad, "In your heart you know he's right ......... far right." Goldwater lost badly but the seed he planted grew.
Sixteen years later, Ronald Reagan introduced his brand of conservatism. He lowered the tax rates and made America strong. The tax rates in 1970 were abusive. A married couple making over $215,000 was in an incremental tax bracket that took 70% of the income earned over $215,000. For a couple making over $85,600 it was 59%. By 1986, the highest tax rate was 50%. By 1987, the highest tax bracket was 38.5%. Ronald Reagan created a significant change in the federal tax system.
George H. W. Bush followed and the era of moderation continued. However, the extreme right wing conservatives started to flex their muscles. They were more religious. They were more honest. They would balance the budget. They would lower taxes even more. President Bush was not a lackey for this group and he paid the price.
Bill Clinton saw what the country wanted. He tempered liberal positions with conservative concepts. He created a moderate agenda. The country got stronger. The budget was balanced. Taxes stayed low. But the right wing movement was growing and the Bush family learned that it was better to join this movement than to fight it. George 43 learned this lesson well.