Ya, right! George Bush Senior called Reganomics "Voo Doo Economics" and one of Reagan's key ingredients was to reduce government regulation of the
economy. And you really think that didn't start this tangled up ball rolling???

"Reagan's tax policies were accused of pushing both the international transactions current account and the federal budget into deficit and led to a significant increase in public debt. Debt exploded from 900 billion dollars before Reagan's tenure to 2.8 trillion dollars after his tenure; an increase of over 200%."

Read it and weep.