Early 1980s recession
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The early 1980s recession was a severe economic recession that affected much of the world between approximately the start of 1980 and 1982. Long-term effects of the early 1980s recession contributed t
Margaret Thatcher
US GDP growth in the early 1980s. The short recession at the start of the decade and the following brief period of growth, as well as the deeper recession in 1981 and 1982, have led to the period being characterized as a W-shaped recession. Percent change from preceding period in real GDP (annualized; seasonally adjusted) Average GDP growth 1947–2009 Source: Bureau of Economic Analysis
President Reagan signing the Economic Recovery Tax Act of 1981 (ERTA) bill at Rancho del Cielo in 1981
Ronald Reagan
Ronald Reagan
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Ronald Wilson Reagan was an American politician and actor who served as the 40th president of the United States from 1981 to 1989. A member of the Republican Party, he became an important figure in th
From left to right: Jack (father), Neil, Ronald, and Nelle (mother) (c. 1915)
Dark Victory (1939)
Reagan at Fort Roach, between 1943 and 1944