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And he exploded the nation's deficit. It took President Clinton years to balance the budget after Reagan's foolhardy spending sprees of the 1980s.
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that spending actually helped create the bull market after he was out of office. what reagan did helped, as well as the deregulations he brought in while in office.
thats about the only good things he did, most of it was bad as you pointed out.
his brand of economics doesn't usually work, but in the environment in which he took office it was the exact medicine needed.
put it this way, he spent more to increase GDP in the future. without that spending, growth wouldnt have picked up like it did. its like borrowing money to fund expansions. worked then, it would be a disaster today which bush is finding out.