The magnitude of President Reagan s victory in 1984 obscured some important underlying political trends. While it is true that it is difficult to defeat an incumbent president during a time of peace and prosperity, it is also true that Americans did not by any means all support President Reagan for the same reasons. Between now and 1988 there will be millions of words written about the post-Reagan political world. In this volume several lead- ing political observers try to focus our attention on the key issues. In April 1985 the Cato Institute gathered these analysts together at a conference entitled \"Reassessing the Political Spectrum.\" The results of that conference are presented here. It is difficult to analyze any problem unless our language is ade- quate to convey a proper understanding of the issues under dis- cussion. A reliance on inadequate language has hampered Ameri- can political analysis for the last two decades. As Professors William S. Maddox and Stuart A. Lilie pointed out in their 1984 book, Beyond Liberal and Conservative: Reassessing the Political Spectrum, \"The lib- eral-conservative dichotomy is inadequate to describe and under- stand the opinions and behavior of the American public.\" Maddox and Lilie argued then, as they do in chapter 4 of this book, that many Americans cannot be rightly classified as either liberal or conservative. Yet this does not mean, as political scientists have traditionally assumed, that their political views are therefore \"inconsistent\" or \"confused.\" There are consistent threads running through their beliefs that simply can t be categorized on the tradi- tional political spectrum.
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