Admirers point to the positive developments that happened during Reagan's time in office: the hastened collapse of the Soviet Union; an economic turnaround from the stagflation of .
This is one that is bringing back stagflation--that poisonous combination of economic slowdown and eroding currency we cured at a terrible cost back in 1981.
Republicans tied Democrat after Democrat to the stagflation and foreign policy weakness of that era.
U.S. Headed for Stagflation U.S. fiscal and monetary policies are setting up our nation for Brazil-style stagflation.
June 24, 2013 - TheStreet.com via Yahoo! Finance
Ben Bernanke in Reuters I don't anticipate stagflation,Bernanke said under questioning by the Senate Banking Committee. "I don't think we're anywhere near the situation that prevailed in the 1970s. I do expect inflation will come down."
Alan Greenspan in San Francisco Chronicle Core inflation is up. Wholesale prices had their highest increase I think in a generation. That raises the specter of stagflation again,said Greenspan, referring to a simultaneous stagnant economy and upward pressure on prices.