At the height of Ronald Reagan's popularity in July 1986, Time magazine wrote glowingly of how he had "found America's sweet spot." Reagan seemed a "magician who carries a bright, ideal America like a holograph in his mind and projects its image in the air." Not since the rhapsody about "Camelot" that surrounded John F. Kennedy in the wake of his assassination had a president been spoken of so reverently. Reagan pledged to bring Americans a "little...