Reagan was a gunius at getting elected. He knew what to say. A generation later, the people who believed his line are now in power, only they didn't know it was a sales pitch. They really bought it. Economy in the toilet? Shoot, we must not have cut taxes enough! Cut them some more! We need to get some money in here!
Reagan's people know it:
http://www.buysellshort.net/reagan-i...august-10-2010