"Gee, Reaganomics took a few years to start helping the economy" - don't get me started on that fallacy...

Any economist or historian would tell you that "Reaganomics" is an effective way of improving the economy. It's like a train engine that takes a while to get started, but then gets rolling along. Reagan's economic policies are what caused the successes of the '90s. Clinton was intelligent and didn't mess with it and then took all the credit.

As for Reagan creating the current national debt, it was a very effective method of crippling the Russians and ending the Cold War. Half of the reason the debt skyrocketed was because he had a Democratic congress that insisted of spending so much money on other issues while lowering taxes. (We often don't give the Congress enough credit when they're usually responsible for the state of the nation.)

(And Reaganomics is just the supply-side economics started by Alexander Hamilton, who just happens to be one of the only two non-presidents on US paper currency.)