You are as ignorant of how the economy works as Greenspan apparently is. Reagan didn't "spend" a single dime of taxpayers' money. A Democrat Congress did. For his entire 8 years, Reagan was saddled with a completely Democrat Congress--both Houses--who saw all that extra money coming into the treasury after passing his tax rate cuts and proceeded to spend TWICE what was coming in. THAT'S the source of the deficits...not Reagan's policies. If I had any criticism of him it was his reluctance to shut down the government until Congress sent him a balanced budget.