mr. beschloss, i have a question about reagan.he republicans seem to worship him like he never raised a tax and never incurred a dollar in debt, and yet he left us $2 trillion in debt and he raised taxes, i don't know, five or six times. that was why bush said no new taxes. and i don't understand how it is they do so well at ignoring history. >> guest: well, i think part of that is right, but when you are, especially on the popular, but what party backs to the president's legacy, you pretty much collapsed into about three sentences. and if the deficit catches continue to grow constantly from 1989 on, i think reagan would be criticized more for the deficits. his view at the time was, these are bad deficits that we will get over them and we will overcome them, and they were rewarded by the fact, he would say, these deficits were required for the defense buildup that i initiated to try to end the cold war. and as bad as deficits are, that was the price of any the cold war, it would be a price i'll be willing to pay even economically