Juan is right YJ, Reaganomics was indeed a disaster. Reagan went on a spending spree with borrowed money. He racked up huge deficits and made conservatism synonymous with borrow and spend. Subsequent conservative politicians (Bush, Bush, Mulroney, Mike Harris) etc. followed Reagan’s lead and also racked up huge debt and huge deficits.
Obama also resorted to borrow and spend, but he had an excuse. Bush had left him an economy which was on life support; the world was staring into the abyss of depression. Obama had to take drastic measures to stave off disaster. What was Reagan’s excuse, other than to get votes?
"Reagan stunned his own advisers and Soviet leader Mikhail Gorbachev by suggesting a treaty that would take nuclear arsenals down to "zero." Yet did he get the Nobel Peace Prize as Obama did. NOoo
Reagan like Obama suggested creating a nuclear free world, but since I guess that he was a Republican that did not need a teleprompter the Norwegians gave him a pass.