Reagan also increased the debt more than any other president in history, besides for FDR in relation to the time. But of course roosevelt had the great depression and world war 2 to deal with, Reagan had Nicaragua. Reagan funded the Mujahideen in Afghanistan against a crumbling Soviet Union. He funded Saddam against Iran. He deregulated the economy, and that trend of deregulation continued until 2008 and caused the financial crisis. In fact Reagan was a trend setter, he was an advocate of both deficit spending and deregulation, which are both at the root of all our economic problems today.
And last but not least, the idea that reagan whupped the Soviet Union is idiotic. The Soviet Union was a diseased and crumbling state when Reagan took office. Even at the height of it's power, the Soviet Union was held together through force and the threat of force. What caused the collapse of the Soviet Union was Gorbachev removing that threat of force. When he did so, the Soviet Union fell very quickly. The collapse of the Soviet Union had very little to do with Ronald Reagan, and had very much to do with the fact that the Soviet system was terrible from the beginning.
So knowing that the idea that Reagan's great claim to fame, that he brought about the collapse of the soviet union, is a load of crap. What are we left with? A president whose policies created the taliban and Al Qaeda. A president who funded Saddam Hussein. A president whose economic policies have proven disastrous over time. Even if you reject my claim that his economic policies led to failure, there is no denying the other things I said. Which means Reagan was at best an average president, and at worst a bad president(though I don't think the worst president).