One More Stake In Heart Of The Reagan Myth

This article takes a critical look at the Reagan myth. The data do not support the myth, beloved by conservatives, that deregulation, tax cuts etc. enabled to US to win the per capita GDP battle with the rest of the world. The data show that the Reagan era is better described in terms of brief decline which was followed by a reversion to the long term trend line. Other economies did even better than the US during this period.