Here's what I don't understand. I can buy that the government's 'borrow and spend' began in earnest during the Reagan administration. What I don't understand is how you get from that to blaming conservative philosophy for it and claiming liberal policy is to pay for what we spend. Clearly all of the governments prior to Reagan were not liberal, so the long policy of paying for what government spends would have to have been followed by more than one party or political philosophy. The debt has not gotten smaller since Reagan, so clearly the borrow and spend philosophy has continued no matter which party holds power.
If you want to blame Reagan for changing how the government paid for things, fine. Whether that is accurate or not, at least I can see how the evidence leads you to that conclusion. To place the blame solely on conservatives when all governments since have continued that style of governance, though, seems ridiculous.
It is really pretty simple.
First, conservatives vehemently defend Ronald Reagan, but refuse to acknowledge Reagan switched our government from tax and spend to borrow and spend. And of course they refuse to own the debt those tax cuts produced.
Second, debt does not get 'zeroed out' with each new administration. You need to understand the difference between 'debt' and 'deficits'.
"The excuse cannot be used that Congress massively increased Reagan's budget proposals. On the contrary, there was never much difference between Reagan's and Congress's budgets, and despite propaganda to the contrary, Reagan never proposed a cut in the total budget."
Murray N. Rothbard - former Dean of the Austrian School, an economist, economic historian, and libertarian political philosopher
"The debt explosion has resulted not from big spending by the Democrats, but instead the Republican Party's embrace, about three decades ago, of the insidious doctrine that deficits don't matter if they result from tax cuts."
David Stockman - Director of the Office of Management and Budget for U.S. President Ronald Reagan.
"Grover Norquist has no plan to pay this debt down. His plan says you continue to add to the debt..."
Senator Saxby Chambliss (R-Ga.)
“Ronald Reagan changed the trajectory of America in a way that Richard Nixon did not and in a way that Bill Clinton did not. Reagan was an ideological inflection point, ending a 50-year liberal ascendancy and beginning a 30-year conservative ascendancy."
Charles Krauthammer