But whatever you think about the Reagan presidency, after all these years, is probably wrong. You see, on some important issues, he was to the LEFT of B. Hoover Obama.
I, on the other hand, thought he was an absolutely awful president. See - I got it right.
And the good things about Reagan's presidency - lets be fair, there are some - are things the modern right would reject, without a second thought. Or even a first one, since they are knee-jerk reactionaries, not thinkers.
In the short term, Reagan’s profligate ways led to higher interest rates that slowed productively and eventually plunged the nation into a recession around 1990, leaving George H.W. Bush to deal with the mess. Policy makers had little room to maneuver in that 1990-91 recession because of the large deficits. Ultimately, both Bush 41 and Bill Clinton mounted a major effort to undo Reaganomics, including the breach of the “no new taxes” pledge that helped turn the senior Bush into a one-term president. Contrary to what Cheney said, deficits did matter, which is why the mythmaking and its influence in Bush 43’s reckless ways is so disturbing.
Click here for a short, to the point video.
The distortion of the Reagan legacy (thank you, Grover Norquist) into the the Reagan MYTH is one of the real tragedies of the late 2oth century, and also one of the reasons why we are SO screwed today.