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Everything Joe Biden and the Democrats have done: Why the midterms should be a cakewalk
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Everything Joe Biden and the Democrats have done: Why the midterms should be a cakewalk
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We tend to recall 1984 as an easy romp for Ronald Reagan, because he could run on a clear record of economic recovery.
But that record was actually a mirage, the message a con.
Reagan’s iconic “Morning in America” ad slyly noted that “Today, more men and women will go to work than ever before.” But the unemployment rate was actually higher (7.5 percent) than when Regan took office – it was just that the population had gotten bigger.
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And when Reagan asked – in his famous “are you better off than you were four years ago” debate question – whether people could better afford things, the actual answer was no. Real wages, people’s purchasing power, had actually gone down, while prices had gone up (food cost about 4 percent more; gasoline cost about the same).
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