Before Xenu, Ronnie.

“[N]ote a curious fact about his career: It maps perfectly onto the 25-year bull market in stocks that, like Cruise, is starting to show its age. Nascent in the early ’80s, emergent in 1983, dominant in the ’90s, suspiciously resilient in the ’00s, and, starting in 2005, increasingly prone to alarming meltdowns. For both Cruise and the Dow Jones, more and more leverage is required for less and less performance. Place Cruise next to Nicholson, Newman, and Tracy, and he is a riddle. Place him next to Reagan, and he is not so confounding at all.

In an extended meditation on the overlooked merits of Risky Business, Slate‘s Stephen Metcalf argues for Tom Cruise as an exemplar of the 80’s, Reaganism, and the boom-and-bust market. “More so than any of his contemporaries, Cruise brought to ’80s cinema an aura that corresponded to the novel tonalities of Reaganism.