Some 15 years have gone by since President Ronald Reagan concluded his triumphant second term on a wave of unprecedented job creation and economic abundance, with inflation conquered and growth restored after the horrendous stagflation of the 1970s. But there still seems to be a curious lack of appreciation and total absence of understanding -- especially in the elite media -- of one of the Gipper's most enduring legacies: the restoration of confidence, prosperity, and direction to a sick and floundering U.S. economy that had lost its way before Reagan rode to the rescue. Amid the resounding tributes now being...
