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Your opinion noted, the majority in this country disagree with you. It was the Reagan tax cuts and cheerleading that led us out of the recession. He worked with the Congress not against it. He didn't demonize his opposition nor did he micro manage the economy like Carter tried to do. BEA.gov, BLS.gov, and the U.S. Treasury show your statement that he spent money like a madman is nothing more than a lie. His record benefited all Americans, 17 million jobs created, doubling of GDP, the peace dividend, and a 60% increase in FIT revenue showing that you can cut taxes and grow income tax revenue.
Sorry, but the recession in 81-82 affected more Americans than this one because of the high inflation. The recovery was quicker because of leadership not a "I won, you lost" mentality. You debunked nothing.
https://www.google.com/search?q=rea...QW-5YGwDw&sqi=2&ved=0CDwQsAQ&biw=1366&bih=576
Nope..Reagan tax cuts and "cheerleading" did not lead us out of the recession.. Seriously.. you think "cheerleading" is what motivates the US economy. Gosh.. do you even think about what you are saying.
He did spend like a madman.. where do you think all those nukes came from during the cold war? Reagans piggy bank?
When Reagan became president -- and began to cut taxes -- the federal deficit was 2.5 percent of the national economy. When he left, eight years later, the deficit was 5 percent of the economy.
If Reagans tax cut.. had grown revenue relative to the deficit then the deficit should have been LESS of a percentage of the economy, but it was not.
The fact is that when it comes to the economy Reagan benefited from the ability to increase government spending, and he benefited from an already strong economy that benefited from the easing of interest rates from the FED.
I have debunked you completely.

