Reagan revolution and Economic ignorance.
Reagan changed the country in multiple ways and is regarded to this day by conservatives and Republicans as the best president America ever had. Reagan's legacy is easy to admire given his eloquent and charming ability to present and convince the public that smaller government is better. However his policies have created some confusion among politicos and has left many people preaching and pushing for Reagan style policies while failing to understand the underlying economic principles. I will try to present to you that Reagan's policies were eclipsed by a much larger and powerful force and unfortunately according to the data, Reagan's legacy consists mostly of rhetoric and little substance. While the Reagan revolution inspired many to appreciate the free market and love small government it also inspired a legion of economically ignorant individuals. Let us begin with the positive impact Reagan had on human activity. Through several tax reform...