Five myths about Ronald Reagan’s legacy

Here’s the part I like if you don’t want to filter thru the article: Federal spending grew by an average of 2.5 percent a year, adjusted for inflation, while Reagan was president. The national debt exploded, increasing from about $700 billion to nearly $3 trillion. Many experts believe that Reagan’s massive deficits not only worsened the recession of the early 1990s but doomed his successor, George H.W. Bush, to a one-term presidency by forcing him to abandon his “no new taxes” pledge.

Five myths about Ronald Reagan’s legacy: “”

(Via .)

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By soundguyrob

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