So we have been hearing a lot of different statements being made about the legacy of Ronald Reagan this week. I heard one pundit claim that he was responsible for rebuilding the US economy. I statement I find rather strange considering we had the largest deficit in history by the time he left office to be almost immediately followed by a crushing recession. What he should has said was that apparent economic prosperity was bought by mortgaging the future. What is more relevant to our current time, is the our current President is following the Reagan model. He has taken a cash surplus and created what is now the largest deficit in history (of the US at least) to buy what looks like economic strength. The question is whether it is real and if history is being repeated. We have all seen that Dubja has ignored just about every lesson of history and keeps repeating the same mistakes as many before him. Will his legacy also be that the facade of economic prosperity is immediately followed by a very real and devastating recession as we once again pay off our debts and pay for the uncontrolled ego of a man that should never have been given the change to cause this chaos in the first place.