As a 19 year old at the time the movie came out, I was busy working and going to school. I remember people talking about it, but it had very little impact on me.
I know now it was a movie used as propaganda against President Reagan and his conservative movement. Much like today, the media and entertainment industry are in bed with globalist and want to rule over us all.
This movie sucked and was only put out to try to frighten people.