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What was the significance of Ronald Reagan being elected President? ?

April 26, 2017elected elections government politics president ronald reagan significance

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What was the significance of Ronald Reagan being elected President? ?

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Ronald Reagan had lame ideas that failed. ‘Reaganomics’ was nothing more than “Borrow and Spend” conservatism. That led to a recession from 1987 until 1994. The 1990’s was the strongest private sector led economic bull market in recorded history under President Clinton who restored fiscal discipline to government spending. President Clinton handed Bush a secure nation with economy that was winding down a bit. Bush and the neo conservative Reaganites went back to the failed borrow and spend policies the result was is the catastrophy that Obama must now fix.