Reagan had his virtues: he made us all feel like he was our daddy and was going to take care of everything. And he was fun to listen to- lots of charisma. But, unfortunately, his legacy is mainly the outrageous debt that he left for us, future generations, to pay off. Reganomics was a failure. He predicted that if he cut taxes massively on the wealthy (from 63% to 31%), the increases in productivity would allow the goverment to actually collect the same amount in taxes or more. This was obviously false since he never came remotely close to balancing a budget. I'm sad to see Ron go; he was a strong leader and contributed to the US a lot. But his failed economic vision remains for us to pay even today.