I am not even American so my opinion doesn't count for as much as someone who is but I think EVERYONE knows Reganomics sucked.
From my perspective, working with small businesses, things are less actually getting better than recovering from the impact of disruption. Even the most cautious are closer to their normal than they probably thought they ever could be again. The state of things on the social side are half worrying, and the other exciting seeing a rebirth with a newer set of rules.
There is either a troubling level of entitlement or I am just getting grumpy and old. The yang to that is hard work in rarer supply it seems so there are opportunities for those looking to put in the hours.
The boomers are running out of disposable income so their iron grip on leadership will perhaps loosen quickly enough that another 70year old gets elected again!