Quote:
Originally Posted by kane
I was just watching a thing CNN did about Obama's first 500 days in office. They had good and bad things to say. Something they pointed out, and here is the info to back it up, is that after the same period of time during his presidency (meaning after his first 500 days in office) Reagan actually had lower approval ratings than Obama has now.
Interesting.
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At around this time in Reagan's presidency, he was unpopular due to the fact that Volcker was putting into play anti-inflationary policies that deepened the recession. The upside? Several solid years of low inflation and solid growth. Volcker's the man!