Reagan? He started the downward spiral toward total dishonesty and lack of government. Why are some countries rich and others poor? It's not resources, it's government. Germany and Japan had good systems imposed by the US and they are doing fine. Most Western European governments have similar systems, they do well. Most Asian/African/Eastern European have crappy governments and are poor. There are exceptions, Singapore has a repressive but effective government and they are doing just fine economically.
By choosing to starve and neuter the most effective tool for prosperity they have Americans are making themselves, and the countries who follow them poor. Government, and taxes, are a good thing. Corruption is bad, but a little theft is better than selling out the whole system which is what the US has consistently done for the last 3 or 4 decades. Who won each election? The man was bought. Why did Clinton win? He sold out more completely than his opponents. Why did Bush II win? He sold out totally and without reservation. The one exception is Bush I who actually did some positive stuff before being run out of town on a rail for not being bought. Obama was sort of a mistake, it should have been Hilary who was utterly bought, but Obama did the grassroots thing the first election... Too bad he doesn't understand Texan aphorisms like "dance with the one who brung you."
Government is good, Fox news sucks, current conservatism (here in Canada too, Harper is trashing the economy in the typical right wing manner) sucks, propaganda sucks, and going with the gut instead of what works (the economy was better when taxes were high? That can't be right...) sucks.