The ‘Reagan Recovery’ leaned heavily on the public sector:
Which president’s economic recovery benefited most from an increasing number of government jobs? Oddly enough, it was President Ronald Reagan, who successfully ran for re-election in 1984 by proclaiming it was “morning in America.” Reagan, running in a year when unemployment fell over a percentage point to 7.5 percent, is generally (and incorrectly) remembered as the first conservative president to dramatically shrink the size and role of government.