You know why we can gloss over Reagan's spending? Did you take a look at what he accomplished? A booming economy and good bye Soviet Union. Not quite the same as today, eh? Not much of a payoff (at least for us) from all the $trillions that Obama has buried us with.
Oh, and you need to brush up on the CRA if you think Bush broke the economy. His mistake was too much spending (though a mere pittance compared to Obama) and the TARP bailout.