he was handed the worse recession since the great depression!
BULLSHIT, no matter how many times you repeat that LIE.
The previous recession ended July 1980, Reagan's GREAT Recession began a full year later in July 1981.
nah it’s a simple fact everything i said was true
stagnation, double digit interest rates...horrible times
Nothing you post is ever true.
en.wikipedia.org
The
United States entered recession in January 1980 and returned to growth six months later in July 1980.
[1] Although recovery took hold, the
unemployment rate remained unchanged through the start of a second recession in July 1981.
[2] The downturn ended 16 months later, in November 1982.
[1] The economy entered a strong recovery and experienced a lengthy expansion through 1990.
[3]
Principal causes of the 1980 recession included
contractionary monetary policy undertaken by the
Federal Reserve to combat double digit inflation and residual effects of the
energy crisis.
[4] Manufacturing and construction failed to recover before more aggressive inflation reducing policy was adopted by the Federal Reserve in 1981, causing a second downturn.
[2][4] Due to their proximity and compounded effects, they are commonly referred to as the early 1980s recession, an example of a W-shaped or "
double dip" recession; it remains the most recent example of such a recession in the United States.
[5]