Friday, February 4, 2011

Exploding Another Reagan Myth: The Federal Gov'mint He Didn't Shrink

The Ronald Reagan hagiography is exploding, thanks to the short memories and wishful thinking of the Right.

For the Right, it's easy: when the facts don't support your ideas—make up some new "facts." 

A cherished Reagan myth involves his downsizing of the federal government. It's a great story, but it's simply not true, as the Washington Post has documented.

Here are a few facts Reagan's fans have neglected:
Federal spending grew by an average of 2.5 percent a year, adjusted for inflation, while Reagan was president. The national debt exploded, increasing from about $700 billion to nearly $3 trillion. Many experts believe that Reagan's massive deficits not only worsened the recession of the early 1990s but doomed his successor, George H.W. Bush, to a one-term presidency by forcing him to abandon his "no new taxes" pledge.
Read the entire Post article (with four more amazingly incorrect Reagan myths) here.

1 comment:

Tulsan said...

I'm sure all the anti-guv'mint types in Tulsa will be angry at the city getting federal money to dig them out of the snow. They would probably prefer to be stuck for days or weeks.