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For example, for President Obama, the computation takes the 145.815 million jobs of February 2017 and subtracts the 133.312 million jobs of February 2009 to arrive at the 12.503 million figure. Four of the top five presidents in terms of total jobs added were Democrats.
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.
In 1990, a year after he left office, a Gallup survey found that 54 percent of Americans said they approved of the overall job Reagan did as president. [401] 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]
By the end of his first term, the economy had come “roaring back,” Inboden said. Inflation dropped from a high of 13.5% in 1980 to 4.6% come the 1984 election.
Reagan did not believe in raising income taxes. During his presidential tenure, the top federal income tax rates were lowered from 70% to 28%. [35] However, it has also been acknowledged that Reagan did raise taxes on eleven occasions during his presidency to both preserve his defense agenda and combat the growing national debt and budget ...
It's President Reagan's birthday. He's one of two US leaders who worked to Make America Great Again. President Trump shares that role, along with a devotion to the nation and its people.
In October 2020, Journalist Glenn Kessler of The Washington Post summarized the total job creation by president from Harry S. Truman through Donald Trump as of August 2020. For the 13 presidents beginning with Truman, total job creation was about 70.5 million for the 7 Democratic presidents and 29.1 million for the 6 Republican presidents.
Although there were 39 illegal work stoppages against the federal government between 1962 and 1981, no significant federal job actions followed Reagan's firing of the PATCO strikers.