The Duke
JohnD.Ford
Junior Chimp
Posts: 9,270
Political Matrix E: 0.13, S: -1.23
|
|
« on: January 09, 2006, 03:49:50 PM » |
|
We are in bizarro world. Presidential elections still happen every four years, but the cycle is moved up two years starting in 1982. In real life, Ronald Reagan rolled to victory in 1984 on an economy that was shatterring every post-war record for economic growth. But in 1982, with Paul Volcker fighting inflation by squeezing the money supply and the largest budget deficits since World War II, the economy was in the third dip of a triple dip recession and it was not clear to many that these policies would result in significant growth down the road. Reagan's approval ratings were the lowest they would be in his entire Presidency.
Could Reagan overcome these troubled times with a sunny disposition?
The third in a series.
|