Ronald Reagan was the worst president in our History

[Quixote1818]

Yes, he was worse than all the rest because his legacy of deficit spending and amassing of national debt to this day is crushing our ability to deal with the short-term and long-term world crisis. Bush I and Clinton both tried to get Reagan's deficit down, Clinton with with some success only to have Bush II add even more shit to the pile. Even today, much of our national budget goes to servicing Reagan's debt and reassuring our debtors. For the past 25 years we have continued to pay perhaps hundreds of billions just in interest because Reagan decided the wealthy shouldn't have to pay so much in taxes. Those tax cuts for the wealthy were simply passed on to all the rest of us with the crippling debt they created and may take decades or even a century for you and I to pay off. When it's all said and done Reagan's debt and all the interest we have had to pay on that debt could add up into the tens of trillions. It's not much different than a poor person running up their credit card to $10,000 and then only paying $10 a month to pay it off because that is all he has left to pay on the card. By the end of the poor person's life he may end up paying the credit card company $100,000 or more for a $10,000 loan. Think of Reagan and Bush II's debt as being on your current credit card statement even though it doesn't show up, because the fact is we will be paying for it out of our own pockets probably for the rest of our lives.

Keep in mind the so-called Reagan boom was in fact a rather middling episode of economic growth. The economy grew much more slowly in the 1980s than during the 1960s, more slowly than the postwar average of 3.6% annual growth, and no faster than in the 1970s or the 1990s. This is absolutely terrible when you think of all the debt he saddled upon us. We got no bang for one hell of a lot of bucks that we are still fucking paying for! Clearly the tax cuts had very little impact on stimulating the economy. Most of the other economic numbers from the 80's were below par compared to other decades. In a nut shell, if you did a cost benefit analysis of Reagan's economic policies he would get not just an F but a ZERO because he did much more damage than good.

Another dandy was Reagan's deregulations which lead to to our current economic crisis as pandora's box was opened and the the great corporate beast was let lose to begin dismantling anything pure in our financial system. And due to Reagan's deregulation of the media, they have become a significant anti-democratic force in the United States and, to varying degrees, worldwide. The wealthier and more powerful the corporate media giants have become, the poorer the prospects for participatory democracy. We can also thank Clinton for part of this mess.

These are just a few dandy parts of Reagan's Democratic, monetary recking ball. The list is a mile long. The sad fact is this country may never recover from what Reagan started. Bush II was a disaster but he was just the icing on Ronald Reagan's rotten fruit cake left to us all.

This stuff needs to be said a million times! The American people need to know the truth about Reagan. He was no great president, he was a colossal disaster to this country.

Feel free to add to the list.