Business, College of


Date of this Version

June 1993


Published in Journal of Economic Issues Volume XXVII, No. 2, June 1993. Copyright © 1993, Journal of Economic Issues. Used by permission.


Economic performance during the Reagan years fell far short of the hyperbole surrounding the 1980s. Touted as a period of robust economic expansion, in retrospect, the Reagan years did not produce unusually high growth in total output, resulted in relatively high overall unemployment rates, and ushered in a new era of increased economic instability [May, forthcoming]. During this period of disappointing growth, women and minorities became especially marginalized.

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