All the presidents from 1792 to 2000 ran up $1.01 trillion in debt, a good deal of that accrued during Reagan's term. Under Bush the debt has increased $1.05 trillion and he still wants more tax cuts.
The real economic miracle happened in the second Clinton administration, whose budget surpluses have now been squandered by a Reaganite who believes that “staying the course” on the economy and Iraq is somehow a virtue.
The polls at the end of their second terms show Clinton more popular than Reagan. I surmise that Americans found that secretly selling arms to a Muslim enemy was much more alarming than pulling an intern’s thong.
There is one major difference between Reagan and Bush. Reagan turned against his hawkish advisors—Perle, Wolfowitz, and Rumsfeld—and decided to negotiate with the Soviet rather than duke it out with them. At the 1986 Reykjavik Summit, Reagan’s aids were furious that he and Gorbachev had initially agreed to total disarmament. The deal fell through when Reagan refused to give up Star Wars.
The record is now clear that the real reason for the demise of the Soviet Union is the fact that we initiated every single step in the arms race and the Soviet’s clumsy economy simply couldn’t keep up. (The more money that went to new weapons meant less prosperity for the long suffering Russians.) It is a significant fact that the alleged threat of Star Wars did not produce an equivalent increase in Soviet military budgets in that area.
Jean Kilpatrick, Reagan’s UN ambassador, claimed that it was better to support right-wing authoritarian regimes than Communist totalitarian governments, because the former could change with our help but the latter would never change.
It turns out that Reagan was asking the wrong person when he challenged Gorbachev to tear down the Berlin Wall. Contrary to Reagan’s neo-conservative philosophers, the Soviet Union and its Eastern European allies, on the initiative of their own people, collapsed within several years.
No one won the Cold War because Gorbachev and Reagan agreed to end it peacefully and diplomatically. As Vladislav M. Zubok, Temple University historian, states: “It was Reagan the peacemaker, not the cold warrior, who made the greatest contribution to history.”
The author of this piece, Nick Gier, taught religion and philosophy at the University of Idaho for 31 years. I will certainly look for his work more often. Thank you, Nick Gier.