Reagan mythology is leading us off a cliff

Al Jazeera gets it right again.

http://english.aljazeera.net/indepth/opinion/2011/07/2011771074476381.html

Even I learned a few things. ;)

and are keeping it alive.

Very interesting.

<snip>
The idea that Reagan produced a uniquely booming economy is false

First, Reagan's record on the economy was not just exaggerated by his boosters, it's almost exactly the opposite of what they claim. It was a fairly ordinary time by the most common measurements of economic growth, looking good only in comparison with a selective time-slice of the 1970s. But once you start looking beneath the surface even the tiniest bit, the picture turns very dark indeed.

In terms of the most basic measure of economic growth - increase in gross domestic product (GDP) - the vaunted "Reagan boom" was an unremarkable period of time. If we look at Reagan's eight years, and compare them with Clinton's and JFK/LBJ's, Reagan comes in dead last, with 31.7 per cent compared with Clinton's 33.1 per cent and JFK/LBJ's 47.1 per cent. Only Nixon/Ford's eight years make Reagan look good, with a mere 26.2 per cent growth.

:shrug:

They are eternally grateful to Reagan for freeing them of the Fairness Doctrine
so they can now spew the Republican Doctrine 24x7.

any actual facts that would cast doubt on that myth. There are not many things that repubs are better at than we are, but the creation of useful myths is one of them.