Did Ronald Reagan Ruin America?

Leftist economist Jeffrey Sachs says Reagan's distrust of big government and big taxes is crippling the country, which Niall Ferguson disagrees. The discussion is fascinating, and, as an added bonus, the two can't stand each other.

When Ronald Reagan came to office rather than saying we have globalization, we have competition we now have to do something about our skills, our technology and so forth, he said that government is not the solution to our problems, government is the problem. It was a fateful call, and this is the path we've been on for 30 years...