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Old 02-07-2011
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randolph randolph is offline
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Default Ronald Reagan

Well, the conservatives are celebrating the myth of Ronald Reagan as the great conservative savior. Reality is in short supply when it comes to what happened during Reagan's administration.
Reality:
1- He had to back off on the massive tax cut with more than ten tax increases.
2- He greatly expanded government employment by thousands.
3- He spent millions on the half-baked starwars scheme.
4- The national debt was far higher at the end of his administration than at the beginning.
5- the Iran-Contra affair revealed a pot full of devious and illegal activities.
6- His "trickle down economics" is like a coffee pot with a plugged filter. Most the good stuff stays at the top while little goes to where its needed.
7- Yes, even David Stockman, Reagan's director of Management and Budget has condemned his administration as the beginning of the decline of the United States.

In spite of all this the myth lives on.
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