The Conservative Movement arose during the 1950's in opposition to the so-called "Liberal Consensus." In this timeline, the establishment generally accepts balanced budgets, limited spending, low taxation, and free markets, as opposed to Keynesian intervention. Early conservative leaders therefore balanced their platform on the twin pillars of traditional values and an activist foreign policy, with little emphasis on economic libertarianism. As in OTL, Ronald Reagan is elected Governor of California in 1966 on a socially conservative platform.