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History will be required to make that judgement, and perhaps 200 years from now it will be a very minor footnote in US History, Economics and Policy. The economic costs continue to mount because economic warfare using borrowed money may require generations to get paid off. Supply Side economics remains an unproven concept, only because history hasn't had the chance to judge it. Strangely, the most liberal President (William Jefferson Clinton) since FDR came the closest to getting the bank account balanced. While current income is untaxed in a progressive manner, future great-great Grandchildren will still be paying off the mortgage. The earth may not have been destroyed in a nuclear Armageddon, however the tab must be paid someday.

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Q: Did Ronald Reagen get too much credit for the US winning the Cold War?
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Was Ronald Reagen president when there was the the cold war?

The cold war ended happily for the US while Reagan was President.


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