Most overrated: Ronald Reagan. I know that one can be accused of being present-minded and lacking perspective, but I still think President Reagan is the most overrated of our public figures past and present. I base this on his record in California, where as governor he constantly opposed what the legislature had concluded was necessary in the way of taxes, social services, and schools. In short, he did not understand the society in which he was living. Professional PR firms glossed this over, and so he went on to national office, appealing to fear, prejudice, and nostalgia. Most underrated: