[Theoria]

'The last time we even attempted to reduce gov’t share of the economic pie was under Reagan, and those tax and program cuts fueled an economic boom not seen since post WWII.'

That boom was also fueled with debt. We dramatically increased the national debt under Pres. Reagan. It was not hard to grow a economy under a preglobalized standing. It is a different world to today.

Cutting taxes is one thing. We haven't cut debt and .Gov in decades.

[free from tyranny]

Thank you for reminding readers that the growth of debt in the 1980’s was very instrumental in material growth of the go go 80’s.
The Wall Street Monster of today shifted into overdrive then. October 19 1987 Black Monday
LTCM, and Alan Greenspan
Great accomplishments.

[econjack]

We dramatically increased the national debt under Pres. Reagan.

That statement without context is meaningless. During the 8 years Reagan was President, he added $1.86 trillion to the national debt. In just 5 years, Obozo has added $5.081 trillion in debt and has 3 more years left. He also criticized Bush saying the deficit was "an indication of failure" of the Bush policies and he promised "to cut the deficit in half by the end of his first term." Just like everything else he's promised, he failed miserably. I think the current President is the worst leader this Republic has ever seen...and that includes Carter.