By the end of Reagan's second term, the standard of living for the poorest fifth of Americans had fallen almost 10 percent, while that of the wealthiest had risen by almost 20 percent.

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During Ronald Reagan's presidency, economic policies known as "Reaganomics" led to a significant increase in income inequality. The wealthiest Americans benefited from tax cuts and deregulation, seeing substantial increases in their income and standard of living. In contrast, the poorest Americans experienced a decline in their standard of living, partly due to cuts in social programs and a lack of effective policies to improve their economic situation.

By the End of Reagan's Second Term, the Standard of Living