You're confusing his top marginal tax cuts (trickle down for the uninitiated) with his defense strategy of outspending the Soviets to oblivion. This part of his defense strategy (which caused them to compete and go bankrupt) was the most effective part.
Errrrrr......no .
If you cannot see how the spending , tax cuts and credit are all part and parcel of not only the financial crisis but also the geo-political crisis then it is you who is confused .
Yeah sure it was a nice handy short term fix , but the longer term of every aspect is really kicking you in the arse now .