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Ronald Reagan's tenure as the 40th president of the United States began with his first inauguration on January 20, 1981, and ended on January 20, 1989. Reagan, a Republican from California, took office following his landslide victory over Democrat incumbent president Jimmy Carter and independent congressman John B. Anderson in the 1980 presidential election.
The Reagan era or the Age of Reagan is a periodization of recent American history used by historians and political observers to emphasize that the conservative "Reagan Revolution" led by President Ronald Reagan in domestic and foreign policy had a lasting impact. It overlaps with what political scientists call the Sixth Party System ...
February 1 – White House Chief of Staff James Baker says the Reagan administration inherited the worst economy in 50 years, that it will be the number one "priority of the administration" and that President Reagan will explain the economy in a televised speech in four days during an appearance on Face the Nation. [14]
The number of Americans who approved of the Reagan administration declined to 48 percent in 1992 [402] but rebounded two years later to 52 percent. [403] In recent years, favorability of Reagan's presidency reached its highest ever: 71 percent approval in 2006; [404] 74 percent in 2010; [405] 72 percent in 2018; [406] and 69 percent in 2023. [407]
Previously, he was the 33rd governor of California from 1967 to 1975 and acted in Hollywood films from 1937 to 1964, the same year he energized the American conservative movement. Reagan's basic foreign policy was to equal and surpass the Soviet Union in military strength, and put it on the road to what he called "the ash heap of history".
President Reagan, shown in 1981, based many of his policies on ideas from the Heritage Foundation publication "The Mandate for Leadership." Project 2025 makes up a majority of the latest edition ...
During the Reagan Administration, federal receipts grew at an average rate of 8.2% (2.5% attributed to higher Social Security receipts), and federal outlays grew at an annual rate of 7.1%. [23] [24] Reagan's administration is the only one not to have raised the minimum wage by its conclusion. [25]
His approval rating was a dismal 22 percent a year before he left office, but by the 1962 survey — nine years after his term ended — scholars ranked Truman as the eighth-best president. #33 ...