Reagan took office in the midst of poor economic conditions, as the country experienced stagflationa phenomenon in which both inflation and unemployment were high. Bush Clinton G. Wade of the previous three decades still standing as binding precedent. At the time of his inauguration, Reagan was the oldest person to be inaugurated as President age Hidden categories: Retrieved May 18, USA Today.
Grant — Rutherford B. Ammiano, who attended more than funerals in the first 10 years of the epidemic, sees that mindset writ large in Ronald and Nancy Reagan. The Final Report of the Commission, which was returned on April 26, noted the almost uninterrupted decline in student achievement in standardized test scores during the previous two decades, decades in which the Federal presence in education grew. Reagan delivered an effective performance, asking voters, "Are you better off than you were four years ago?