Reagan doubled revenue with his tax and regulatory cuts, that with his cutting back crony capitalism produced the biggest expansion in U.S. history and exploded the middle class' take home pay. If the democratic party did not triple spending we could have wiped out the deficit with the growth. And before you get on your Reaganaphobia you really should listen to the left's demigod JFK and understand how he and Reagan were identical in most of their leadership. Of course JFK first tried the tax and spend route which was proving disastrous so he got some free market economic advice from a couple conservative economists and turned his thinking around and so did the economy. Reagan said it best when he said he did not leave the democratic party, they left him. Since the 1960s the democratic party has been transforming itself into the American Communist party, which with Obama the transformation was complete. Most of you democrats have little knowledge of what you stand for