Oh, absolutely. On that point, Reagan and Gorbechev were a perfect match. Both ignored advice at the right time in the right way. Most of my criticism of Reagan is most of the other stuff. Central America. War on Drugs. Punishing working families with bizarre tax codes. One affected me personally and directly: A mortgage is a liability right? It’s a debt you owe a bank. But not in Reaganomics which weren’t so much his fault but folks like Newt Gingrinch and others in Congress who yielded much power: For a VERY short time a mortgage was considered an ASSET so that if you applied for loans such as college or car, having that mortgage counted AGAINST you. It was treated as liquid cash when it’s not. So, I could not get the full funding I needed to do more than 1.5 yrs of college. It wasn’t long after that, they fixed it and now mortgages are counted as a liability, as they should be. There were thousands of little “tricks” they snuck into the tax code during Reagan’s time. It’s not that Reagan caused it, but he either didn’t notice or care. But yes yes as a negotiator with Gorbechev he was brilliant.

Oh, absolutely. On that point, Reagan and Gorbechev were a perfect match. Both ignored advice at the right time in the right way.Most of my criticism of Reagan is most of the other stuff. Central America. War on Drugs. Punishing working families with bizarre tax codes.One affected me personally and directly:A mortgage is a liability right? It’s a debt you owe a bank.

But not in Reaganomics which weren’t so much his fault but folks like Newt Gingrinch and others in Congress who yielded much power:

For a VERY short time a mortgage was considered an ASSET so that if you applied for loans such as college or car, having that mortgage counted AGAINST you. It was treated as liquid cash when it’s not.

So, I could not get the full funding I needed to do more than 1.5 yrs of college.

It wasn’t long after that, they fixed it and now mortgages are counted as a liability, as they should be.

There were thousands of little “tricks” they snuck into the tax code during Reagan’s time. It’s not that Reagan caused it, but he either didn’t notice or care.

But yes yes as a negotiator with Gorbechev he was brilliant.

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 The reason I give Gorby MORE credit is RISK.It was far riskier for Gorby to do what he did than it was for Reagan to do what he did.
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  I simply have lists of “goods” and “bads” for him as I do for most politicians. I can’t think of any political heroes that I have.
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 Big news of that era (I was 15 yrs old) was when Billy Joel did a concert in Moscow in 1987. Gorby loved Rock music but the establishment still wanted to control the crowds.

So they kept flashing lights on the audience and EVERYBODY STOPPED DANCING and WOULD FREEZE until they turned the lights off again.

This SO pissed off Billy Joel that he flipped over the piano and started smashing things while singing.

This wasn’t part of his act. He was MAD at the authorities for spoiling everybody’s fun.

https://www.youtube.com/watch?v=O3cBp_Bf43M

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