Under the Reagan Presidency it depended on whom you were as to whether the economy was actually beneficial.

At the end of his two terms in office, (click title to entry - thank you)  Ronald Reagan viewed with satisfaction the achievements of his innovative program known as the Reagan Revolution, which aimed to reinvigorate the American people and reduce their reliance upon Government. He felt he had fulfilled his campaign pledge of 1980 to restore "the great, confident roar of American progress and growth and optimism."...