You can try to spin those years any way you like. Most folks accept that tax cuts spurred economic activity. Reagan took over an economic mess, and turn things around. Kennedy cut taxes and got big economic growth. Obama has refused to cut taxes, and we’ve got one of the worst periods of stagnation I’ve seen in my lifetime.
If you wish to blame large deficits on Reagan, go ahead.
The fact is, government receipts doubled under Reagan. He cut taxes, and the economy skyrocketed.
Explain that away if you can. Nobody else has been able to.
Amazing how few people understand how that works. JFK's tax cuts gave the exact same result.
I am not blaming anything on Reagan but I am not swallowing a theory popular here based on bogus numbers just because it might benefit me. The theory includes new receipts from taxing SS benefits as well as new revenues from new government workers that were paid for by deficits, all credited as resulting from tax cuts.
Some tax cuts can reduce the deficit, but others will increase it. A general rule is , if it is really popular it probably increases the deficit.