How is President Obama doing compared to the Republican standard bearer Ronald Reagan?
Reagan had an unemployment rate above 10% for 10 straight months. Sept. 1982 to June 1983.
Ronald Reagan signed the bill into law that granted amnesty to millions of illegal immigrants. (The Immigration Reform and Control Act 1986) When President Reagan signed the bill, he declared, "It will remove the incentive for illegal immigration." Boy was he wrong!
Reagan signed the largest peacetime tax increase in American history into law. (Tax Equity and Fiscal Responsibility Act of 1982)
The national debt almost tripled while he was President.
The deficit almost tripled while he was President.
Ronald Reagan presided over two of the biggest currency interventions in history. The Plaza Accord of 1985, when the world's major governments met to strengthen the yen and weaken the dollar and the Louvre accord of 1987.