Didn't take the Bush economic team too long to screw up Reagan's heritage. If NAFTA did not cost Americans 3 million jobs, then Bush's other policies did. His dividend tax cut has to kick in real soon. We need another America first conservative like Reagan.
Ah, the Fuehrerprinzip, the big chief is responsible for everything that goes on, right? It's GWB's fault that consumers and businesses ramped up debt and overcapacity in the '90's, right? It's GWB's fault that production structures must align themselves eventually with the reality of supply and demand, right? He could've waved a magic wand or something and made it better, but he's a jerk and wouldn't do it...
Regan mentioned it way back in 1979.