Toss in a Belltech 6400 shackle. Its listed for a 88-98 Chevy truck and it lowers that 2"...BUT...when bolted up to a Ranger, its LIFTS the truck. They've got two usable leaf spring bolt holes. Bottom most hole will get you 1.5-2" of lift. Second to the bottom hole gives you .75-1" of lift.
I've got one and I measured before and after...1.5" of lift.
It's what my brother used to lift his lowered truck's ass about an three quarters of an inch...