Below is the definition of Stagflation which was thought to be a desciption of an impossible condition. Reagan corrected this.
I suggest you read a bit of history, stagflation started during Nixon/Ford. Carter just didn't spend money as Reagan did, Reagan engaged in Keynesian economics, similar to Bush JR. But Reagan lowered taxes too far and the base collapsed, very similar to Bush junior with all the added economic gyrations. In the end I give Reagan some credit as he raised taxes like hell after he realized the disaster he was creating, trouble was, he simultaneously ruined the middle class with his idiotic lack of support for American worker rights. CEPR - America Since 1980: A Right Turn Leading to a Dead End
Reagan was a union man. He was quite proud of that.
I assume you are talking about his defiance of the Air Traffic Controllers who walked out on an illegal strike. As a Union man, Reagan demanded that they honor their agreement. When THEY broke the contract, the contract no longer existed. That's the way a contract works.
Reagan said repeatedly that he wanted spending reduced. The Democratic Congress continually increased it. He asked for a law to limit spending saying that if a child is spending too much, you don't ask him to stop, you cut his allowance. Never got the spending cuts, but he did inspire confidence.
After the malaise years of Carter during which he, too, told us how impotent we as a society are, Reagan's Shining House On the Hill Speech was inspiring. When he finished by saying God bless you all and God bless the United States of America, it literally brought tears to my eyes.
The POTUS is a cheerleader more than anything else. We as citizens will become what we are told we are. Obama is currently telling us we are baby killing defilers of the temples of Islam who torture good young men and steal from the disadvantaged to support lives of averice and greed.
Whoopie! Where do I sign up?