Contents
The Reagan Expansion
From 1982-89 the United States experienced a record-setting expansion. The expansion would set a record for peace-time growth, lasting longer than any other peace-time expansion up until that time. During this time the GDP grew at an annual rate of 3.5% (4.3% for the expansion), a rate greater than in the decade before not equaled after until the Republicans took control of Congress in 1994.
You can view a graph of the Reagan Record as well.
Those looking for information to refute the myths about "bad checks" or "credit cards" fueling the expansion, or that President Reagan caused the deficits all by himself should visit the sections on debt and income and wealth. Also of interest will be the sections on the standard of living and incomes.
The Cato Organization has done a nice summary of the Reagan Years which supports much of what we say here on Reality Hammer.
© 1994-2012
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