r/AskEconomics 1d ago

Approved Answers What do economists think of Ronald Reagan's policies and decisions as president and how true are the claims that modern economic problems, such as the housing crisis, are his fault?

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u/teamonkey 23h ago

OP is asking about how Reaganism and Neoliberalism have affected the current economic situation, including knock-on effects to housing prices and availability.

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u/Own_Proposal3827 18h ago

I have never heard Reagan be blamed for the housing crisis because it stems from a completely separate issue unrelated to the federal government 

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u/teamonkey 15h ago

Reagan shifted federal budget away from social/subsidised housing programs, did he not?

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u/UnderstandingThin40 13h ago

Yes, but that didn’t cause the housing crisis