FDR and Truman defeated fascism. But they PAYED for it by collecting tax revenues. Reagan 'defeated communism', and made Communist China our creditor.
And yes, Democrat spending made ALL of us better off, not just the 1%.
I see, so FDR and Truman didn't grow the size and scope of government and Reagan put us in debt. Reagan cut a lot of tax loopholes so there wasn't as much tax collecting prior to that as you think. What would the price be if nothing had been done about communism? Ever thought of that?
Where did our debt come from? When did massive debt become part of the American economy?
Reagan switched the federal government from what he critically called, a tax and spend policy, to a
borrow and spend policy, where the government continued its heavy spending, but used borrowed money instead of tax revenue to pay the bills. The results were catastrophic.
Although it had taken the United States more than 200 years to accumulate the first $1 trillion of national debt, it took only five years under Reagan to add the second one trillion dollars to the debt. By the end of the 12 years of the Reagan-Bush administrations, the national debt had quadrupled to $4 trillion!
Reagan didn't defeat communism, it collapsed from its own weight.
President Kennedy and Khrushchev would have ended the cold war in the 60's if Kennedy had lived.
Kennedy was supremely confident that the advantages of the capitalist system would ultimately prevail, as long as a nuclear catastrophe could be avoided. In the final months of his Administration, J.F.K. even opened a secret peace channel to Castro, led by U.N. diplomat William Attwood. "He would have recognized Cuba," Milt Ebbins, a Hollywood crony of J.F.K.'s, says today. "He told me that if we recognize Cuba, they'll buy our refrigerators and toasters, and they'll end up kicking Castro out."
Kennedy often said he wanted his epitaph to be "He kept the peace." Even Khrushchev and Castro, Kennedy's toughest foreign adversaries, came to appreciate J.F.K.'s commitment to that goal. The roly-poly Soviet leader, clowning and growling, had thrown the young President off his game when they met at the Vienna summit in 1961. But after weathering storms like the Cuban missile crisis, the two leaders had settled into a mutually respectful quest for détente. When Khrushchev got the news from Dallas in November 1963, he broke down and sobbed in the Kremlin, unable to perform his duties for days. Despite his youth, Kennedy was a "real statesman," Khrushchev later wrote in his memoir, after he was pushed from power less than a year following J.F.K.'s death. If Kennedy had lived, he wrote, the two men could have brought peace to the world.
Read more: Warrior For Peace - The Lessons of J.F.K. - TIME
Warrior For Peace - The Lessons of J.F.K. - TIME
